If the NPV of a project is positive, it means that:
A) the project's discounted payback period is longer than the useful life of the project.
B) the internal rate of return is lower than the discount rate used.
C) the project is not acceptable on a risk adjusted basis.
D) the project's discounted payback period is less than its payback period.
E) accepting the project increases the value of the firm.
Correct Answer:
Verified
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