When Evaluated Using a Nominal Rate of 8%, the Net

When evaluated using a nominal rate of 8%, the net present value of a project is zero. Identify which one of the following statements is true.

A) At 6% the project is desirable and at 8% it is undesirable.
B) The project is undesirable at 6% or 8%.
C) At 8% the project is desirable and at 6% it is undesirable.
D) The project is desirable at 6% or 8%.

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