If a company's required rate of return is 10% and, in using the net present value method, a project's net present value is zero, this indicates that the O project earns a rate of return of 0%. O project earns a rate of return of 10%. O project's rate of return is less than the minimum rate required. O project's rate of return exceeds 10%. Save for Later Attempts: 0 of 1 used Submit AnswerNovak Inc. recently invested in a project with a 3-year life span. The net present value was $9000 and annual cash inflows were $21000 for year 1; $23000 for year 2; and $26000 for year 3. The initial investment for the project, assuming a 15% required rate of return, was Present Value PV of an Annuity Year of 1 at 15% of 1 at 15% 0.870 0.870 2 0.756 1.626 3 0.658 2.283 O $36962. O $43766. O $27818. O $44378. Save for Later Attempts: 0 of 1 used Submit AnswerAll of the following statements about intangible benefits in capital budgeting are correct except that they O include increased quality and employee loyalty. O cannot be incorporated into the NPV calculation. O are often ignored in capital budgeting decisions. O are difficult to quantify. Save for Later Attempts: 0 of 1 used Submit