Multiple Choice
A project has a required return of 15% and a five year life. Which of the following is inconsistent with the other four?
A) The discounted payback is five years
B) PI = 0
C) NPV = $0
D) IRR = 15%
E) The present value of the future cash flows equals the initial outlay
Correct Answer:

Verified
Correct Answer:
Verified
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