If a company's required minimum rate of return is 10%, and in using the net present value method, a project's net present value is zero, this indicates that the
A) project's rate of return exceeds 10%.
B) project's rate of return is less than the minimum rate required.
C) project earns a rate of return of 10%.
D) project earns a rate of return of 0%.
Correct Answer:
Verified
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