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Which of the following statement is correct? Select one: a. All the answers are incorrect. b....

Which of the following statement is correct? Select one:

a. All the answers are incorrect.

b. A positive NPV means that the firm’s value will decrease if the project is adopted because the new project’s estimated return is lesst than the firm’s required rate of return.

c. Reject the project if the IRR is greater than or equal to the required rate of return.

d. Payback period is the discount rate that forces the NPV to equal zero.

e. All independent projects with NPVs greater than or equal to zero should be accepted because all such projects will add to the value to the firm.

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