A company considers a new project. The required rate of return (WACC) on the project is 10 percent. Which of the following statement is correct?
A. If the project’s NPV = $1,500, the company should accept the project.
B. If the project’s IRR < 10 percent, the company should accept the project.
C. If the project’s MIRR < 10 percent, the company should accept the project.
D. If the project’s PI > 0, the company should accept the project.
E. If the project’s payback period > required cutoff payback, the company should accept the project.
F. If the project’s NPV < 0 and IRR > 10 percent, the company should accept the project.