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When a project's NPV exceeds zero, A. the project will always be accepted when payback period method is used. B. the IRR should be calculated
When a project's NPV exceeds zero,
A. | the project will always be accepted when payback period method is used.
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B. | the IRR should be calculated to insure that the project's projected rate of return exceeds the cost of capital.
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C. | the project should be accepted without any further consideration, assuming we are confident that the cash flows and the cost of capital have been properly estimated.
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D. | only answers a and c are correct.
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E. | none of the statements above is correct. |
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