When a firm uses the net present value method for capital budgeting decisions with a 10% discount rate, what does a negative net present value indicate?

When a firm uses the net present value method for capital budgeting decisions with a 10% discount rate, what does a negative net present value indicate? Multiple Choice eBook O the proposal's rate of return exceeds 10%. the proposal's rate of return is less than the minimum rate required. none of the answers are correct. O the proposal earns a rate of return between 9% and 10%