A Project Should Be Accepted as Long As

Multiple Choice

A project should be accepted as long as:

A) the present value of the expected net receipts it generates equals or exceeds its price the net outlay required) .
B) the present value of the expected net receipts it generates is less than its price the net outlay required) .
C) its NPV is greater than zero.
D) its NPV is less than zero.
E) its IRR is less than the cost of capital.