Answer: D. II, III, and IV only
Explanation:
Net Present Value (NPV) is used to know the worth of a project and if it's worthwhile or not. When the NPV of a project is 0, it means that the project won't bring about a gain or loss.
When a project has a net present value equal to zero, then,
• the project produces a rate of return that just equals the rate required to accept the project.
• the project is expected to produce only the minimally required cash inflows.
• any delay in receiving the projected cash inflows will cause the project to have a negative net present value.
Therefore, the correct option is D
