For a capital investment project,a net present value (NPV) of $500 indicates that the:
A) Project's rate of return exceeds the hurdle (discount) rate.
B) Project's internal rate of return is unacceptable.
C) Present value of cash outflows exceeds the present value of cash inflows.
D) Total cash outflows for the project are expected to be $500.
E) Internal rate of return (IRR) exceeds the accounting rate of return on the project.
Correct Answer:
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