Which is true regarding the net present value of the project

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Question 1: A financial analyst in Bookman's Book Company just analyzed a capital budgeting project and realized that the IRR of 12% on the project was identical to the company's discount rate of 12%. Which of the following is true regarding the net present value of the project?

Option A. The NPV of the project is positive

Option B. The NPV of the project is zero

Option C. The NPV of the project is negative

Option D. More information is needed to answer the question

Reference no: EM132505838

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