Fiduciary duty is characterized by all of the following except... A. honesty O B. trust O C. fidelity O D. loyalty The net present value of a project has been found to be $0. The internal rate of return on the project is 12.5%. If a discount rate of 10% had been used instead to determine the NPV, then... A. The project would have been rejected. B. The project would have been accepted. C. The NPV would have stayed the same. D. The internal rate of return would have changed. E. Not enough information is given to know if any of the above answers is right or wrong. Part 2 of 2 - Capital Budgeting Decisions A firm undertakes a five-year project that requires an initial capital investment of $200,000. The project is then expected to provide cash flow of $50,000 per year for the first two years, $85,000 in the third year, $40,000 in the fourth year, and $20,000 in the fifth year. The project has an after-tax end-of-life salvage value in the fifth year of $5,000. Question 9 of 10 1 Points Click to see additional instructions If the discount rate applied to these cash flows is 8.00 percent, to the nearest dollar, the net present value of this project is $ Question 10 of 10 1 Points Click to see additional instructions Rounded to two decimal places as a percent, the internal rate of return for this project is %