please help!! 18. Which of the following statements is correct regarding...
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18. Which of the following statements is correct regarding a normal project? a. If the NPV of a project is greater than 0 , then its PI will positive, but less than 1 . b. If the IRR of a project is 8%, then its NPV, using a cost of capital (i.e., required rate of return) of less than 8%, will be less than 0 . c. If the PI of a project equals 1 , then the absolute value of the project's initial cash outflow equals the PV of its cash inflows. d. If the IRR of a project is greater than the cost of capital (i.e., required rate of retum) then its PI will be greater than 2 . e. None of the statements listed above is correct

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