If a project has a net present value equal to zero, then:

Question 19 options:

IRR must also equal zero.

Any delay in receiving the projected cash inflows will cause the project to have a positive NPV.

The total of the cash inflows must equal the initial cost of the project.

A decrease in the project's initial cost will cause the project to have a negative NPV.

The IRR is equal to the required rate of return.