decline by 2%, per year forever. If Wyatt Oil's appropriate interest rate is 8%, then the NPV of this oil well is closest to: $250,000. $0. $250,000. $1,000,000. Which of the following statements regarding the NPV decision rule is FALSE? Accept those projects with a positive NPV, as accepting them is equivalent to receiving their NPV in cash today. Reject projects with a NPV of zero, as accepting them is equivalent to reducing firm value. When faced with a set of alternatives, choose the one with the highest NPV. Reject those projects with a negative NPV