a. An investment should be accepted if, and only if, the NPV is exactly equal to zero.

b. Any project that has positive cash flows for every time period after the initial investment should be accepted.

c. An investment should be accepted only if the NPV is equal to the initial cash flow.

d. An investment should be accepted if the NPV is positive and rejected if it is negative.

e. An investment with greater cash inflows than cash outflows, regardless of when the cash flows occur, will always have a positive NPV and therefore should always be accepted.

### Recently Asked Questions

- Can you help me find the answer to the following: Find the quotient using long division: 4x 2 - 13x + 2 / x - 4 (simplify your answer)

- What are the three major categories the statement reports? Define each category. Using the company’s balance sheet, list four examples of each category.

- Formulate the situation as a system of linear equations. Be sure to state clearly the meaning of each variable. Solve using the Gauss-Jordan method. State your