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QUESTION 17 You are presented with the following information regarding a project with conventional cash flows: IRR PI Ratio NPV 10% 1.04 $500 Payback

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QUESTION 17 You are presented with the following information regarding a project with conventional cash flows: IRR PI Ratio NPV 10% 1.04 $500 Payback Period 2 Years Given the information, which of the following statements are correct? 1. The discount rate used in computing the net present value was less than 10%. II. The discounted payback period must be more than 2 years. III. The discount rate used in the computation of the profitability ratio was 10%. IV. This project should be accepted as the internal rate of return exceeds the required return. OI and II only OIII and IV only OI, II, and IV only O II, III, and IV only

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