If a Company's Required Minimum Rate of Return Is 9

Multiple Choice

If a company's required minimum rate of return is 9% and in using the net present value method a project's net present value is zero this indicates that the

A) project's rate of return exceeds 9%.
B) project's rate of return is less than the minimum rate required.
C) project earns a rate of return of 9%.
D) project earns a rate of return of 0%.