Which of the following choices correctly states the rules for project acceptance under the net-present-value method and the internal-rate-of-return method? $\begin{array}{ll}\text { Net Present Value }&\text { Internal Rate of Return }\\hline
\text { A. Positive total } & \text { Greater than hurdle rate } \
\text { B. Positive total } & \text { Less than hurdle rate } \
\text { C. Negative total } & \text { Greater than hurdle } \
\text { D. Negative total } & \text { Less than hurdle rate } \
\text { E. Greater than hurdle rate } & \text { Positive number }
\end{array}$

Question

Quizplus · Accepted Answer

A project is accepted under the net-present-value method if it has a positive total, indicating that it is expected to add value. Under the internal-rate-of-return method, a project is accepted if the IRR is greater than the hurdle rate, meaning it is expected to yield a return higher than the minimum required.

Which of the Following Choices Correctly States the Rules for Project