Spring Company Has Invested $20,000 in a Project

Multiple Choice

Spring Company has invested $20,000 in a project.Spring's discount rate is 12% and the project profitability index on the project is zero.Which of the following statements would be true? I.The net present value of the project is $20,000.
II) The project's internal rate of return is equal to 12%.

A) Only I.
B) Only II.
C) Both I and II.
D) Neither I nor II.