💼 Pre-MBA Exam Prep

Net Present Value (NPV) analysis accepts projects when:

A NPV is negative
B NPV is positive, meaning the project generates value above the required return
C NPV equals zero
D IRR exceeds 100%

✓ Correct Answer: Option B

NPV > 0: project returns exceed the required rate (cost of capital) → accept. NPV = 0: meets required return. NPV < 0: returns are insufficient → reject.

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