Stan Calculated That the Net Present Value of His Investment

Multiple Choice

Stan calculated that the net present value of his investment would be zero with a 15 percent internal rate of return.This means that

A) the project has no value.
B) 15 percent can be compared to the required rate of return to determine if the project should be accepted.
C) the project requires an additional 15 percent investment on the part of the company.
D) the project will pay back the investment in 15 years.