For a capital investment project, a net present value (NPV) of $500 indicates that the: Multiple Choice Project's true or economic rate of return exceeds the hurdle (discount) rate. Project's internal rate of return (IRR) is likely unacceptable. Present value of cash outflows exceeds the present value of after-tax cash inflows. Total cash outhows for the project are expected to be $500. Internal rate of return (IRR) exceeds the accounting rate of retum (ARR) on the project