If a project has a net present value of minus $80 (-$80), when a discount...
50.1K
Verified Solution
Link Copied!
Question
Accounting
If a project has a net present value of minus $80 (-$80), when a discount rate of 10 percent is used, what can be concluded about the rate of return of the project?
The rate of return is greater than 10 percent.
The rate of return is less than 10 percent.
The rate of return equals 10 percent.
The rate of return is 0.
None of the above.
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
