Which of the following statements is correct?
A. | If the NPV of a project is greater than 0, its PI will equal 0. |
B. | If the IRR of a project is 0%, its NPV, using a discount rate, k, greater than 0, will be 0. |
C. | If the PI of a project is less than 1, its NPV should be less than 0. |
D. | If the IRR of a project is greater than the discount rate, k, its PI will be less than 1 and its NPV will be greater than 0. |
Answer : C Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |