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. None

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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 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. None
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