Allen Corporation's discount rate is 12%. If Allen Corporation currently has a 5-year investment project...
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Accounting
Allen Corporation's discount rate is 12%. If Allen Corporation currently has a 5-year investment project that has a project profitability index of zero, this means that:
Group of answer choices
The internal rate of return of the project is equal to the discount rate.
The net present value of the project is equal to zero.
The net present value of the project is equal to zero AND The internal rate of return of the project is equal to the discount rate.
The payback period of the project is equal to the project's useful life.
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