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The following is a graph of a project's NPV at different discount rates. NPV 50 (5) SO 40 20 10 2 -10 Discount Rate (%)

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The following is a graph of a project's NPV at different discount rates. NPV 50 (5) SO 40 20 10 2 -10 Discount Rate (%) If the discount rate is 7%, should the project be accepted? No, because the NPV is negative at that rate. Yes, because the IRR is higher than that rate. Yes, because discount rate is higher than the NPV. Yes, because the NPV is positive at that rate. No, because IRR is higher than the NPV at that rate

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