If a project costing $40000 has a profitability index of 1 and the discount rate was 9%, then the projects internal rate of return was

A. less than 9%.

B. undeterminable.

C. greater than 9%.

D. equal to 9%.

2. A project with a profitability index of 1.156 also has net cash flows with a present value of $46240. The projects internal rate of return was 10%. The initial investment was

A. $44000.

B. $53453.

C. $41616.

D. $40000.

3. A project with an initial investment of $52000 and a profitability index of 1.239 also has an internal rate of return of 12%. The present value of net cash flows is

A. $41969.

B. $52000.

C. $58240.

D. $64428.