If a Project's Net Benefit Computed on a Present Value

If a project's net benefit computed on a present value basis-that is, NPV-is positive, then:

A) its internal rate of return is equal to the required rate of return.
B) it is considered a risk-free project.
C) it is considered an acceptable investment.
D) the required rate of return is not attainable.
E) its payback period is more than the maximum cost-recovery time established by the firm.

Correct Answer:

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