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Which of the following indicate that a project will produce a return equal to or greater than the required rate of return for that project?

Which of the following indicate that a project will produce a return equal to or greater than the required rate of return for that project?

I. a positive NPV

II. a NPV of zero

III. a PI less than 1.0

IV. a positive accounting rate of return

a.

I, II, and IV only

b.

I, III, and IV only

c.

I and IV only

d.

II and III only

e.

I and II only

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