Which of the Following Statements Is True for a Project

Multiple Choice

Which of the following statements is true for a project with $20,000 initial cost, cash inflows of $5,800 per year for six years, and a discount rate of 15 percent?

A) its payback period is roughly 3 1/2 years.
B) its NPV is $2,194.
C) its IRR is 1.85 percent.
D) its profitability index is 0.109.