If a Project's Net Present Value (NPV) Is Positive

Multiple Choice

If a project's net present value (NPV) is positive,:

A) its internal rate of return (IRR) is equal to the firm's required rate of return.
B) it is not an acceptable project.
C) it is an acceptable investment.
D) the firm's required rate of return is not attainable.
E) its payback period is greater than the maximum cost-recovery time established by the firm.