ANSWERS TO REVIEW QUESTIONS
a. net present value is positive. b. internal rate of return is less than the project's discount rate. c. payback period is less than 5 years. d. accounting rate of return is greater than the project's internal rate of return. ANS: A DIF: Easy OBJ: 14-3. 39. If a project's profitability index is less than 1, the project's ................
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