question #34

A project has the following cash flows: Year 0 -100,000 Year 1 20,000 Year 2 30,000 Year 3 40,000 Year 4 X You are given X >0 and the project has an IRR = 8%. Which of the following statements is correct: O A. If the cost of capital is 10%, the NPV of the project is 0. OD. All of the above are correct