Spring Company has invested $20,000 in a project. Spring's discount rate is 12% and the project profitability index on the project is zero. Which of the following statements would be true? I. The net present value of the project is $20,000. II. The project's internal rate of return is equal to 12%. rev: 01_23_2013

	Only I.
	Only II.
	Both I and II.
	Neither I nor II.