(TCO 3 and 4) The net present value is: (Points: 4) negative when a project's benefits exceed its costs. equal to the present value of an...

3. (TCO 3 and 4) The net present value is: (Points: 4)negative when a project's benefits exceed its costs.equal to the present value of an investment's benefits.equal to zero when the discount rate equals the IRR.negative when a project's IRR exceeds the required rate of return.the current measure of a project's cash inflows.