Assume a Project Has Normal Cash Flows

question 54

Multiple Choice

Assume a project has normal cash flows.According to the accept/reject rules,the project should be accepted if the

• A)PI is less than 1.
• B)AAR is less than the required AAR.
• C)IRR exceeds the required return.
• D)payback period is less than the life of the project.
• E)discounted payback period is less than the life of the project.

---

Definitions:

Confederate Army

The military ground forces of the Confederate States of America during the American Civil War, fighting against the Union from 1861 to 1865.

Slaveowners

Individuals who owned slaves, historically engaging in the practice of slavery as a source of labor and economic gain.

Non-slaveholding

Refers to individuals, families, or regions that did not own slaves, especially significant in the context of the antebellum United States.