Henry Calculated That the Net Present Value of His Investment

Multiple Choice

Henry 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) Henry can compare the 15 percent internal rate of return to the required rate of return to determine if the investment should be made.
C) the project requires an additional 15 percent investment by the company.
D) the project will break even in 15 years.