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Which of the following statements is true? A) If a project has a profitability index (PI) greater than one the project should be rejected. B)

Which of the following statements is true? A) If a project has a profitability index (PI) greater than one the project should be rejected. B) If the net present value (NPV) of a project is negative, the project should be accepted. C) If the required rate of return on the project is greater than the (regular) internal rate of return (IRR), the project should be accepted. D) If a project has a payback which is faster than the company requires the project should be accepted.

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