Which of the following correctly state the cutoff between a


Which of the following correctly state the cutoff between a good and bad project for the corresponding decision rule?

I. 0 (internal rate of return)

II. 0 (net present value)

III. 1 (profitability index)

a) I only

b) II only

c) I and III only

d) II and III only

e) I, II, and III

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Financial Management: Which of the following correctly state the cutoff between a
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