Which of the following statements is true I Neither the net present value method nor the internal rate of return method can be used as a screening tool in capital budgeting decisions II If the internal rate of return is less than the required rate of return for a project, then the net present value of that project is positive III An investment project with a profitability index of 0 94 has an internal rate of return that is less than the discount rate Which of the following statements is true I Neither the net present value method nor the internal rate of return method can be used as a screening tool in capital budgeting decisions II If the internal rate of return is less than the required rate of return for a project, then the net present value of that project is positive III An investment project with a profitability index of 0 94 has an internal rate of return that is less than the discount rate All statements are true Only statement III is true None of the statements are true Only statement I is true

Question

Which of the following statements is true  I  Neither the net present value method nor the internal rate of return method can be used as a screening tool in capital budgeting decisions  II  If the internal rate of return is less than the required rate of return for a project, then the net present value of that project is positive  III  An investment project with a profitability index of 0 94 has an internal rate of return that is less than the discount rate  Which of the following statements is true  I  Neither the net present value method nor the internal rate of return method can be used as a screening tool in capital budgeting decisions  II  If the internal rate of return is less than the required rate of return for a project, then the net present value of that project is positive  III  An investment project with a profitability index of 0 94 has an internal rate of return that is less than the discount rate  All statements are true  Only statement III is true  None of the statements are true  Only statement I is true

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Which of the following statements is true? I. Neither the net present value method nor the internal rate of return method can be used as

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