A prospective project under consideration by the Internet Division of Communications Corporation. has an estimated residual income of $(20,000). If the project requires an investment of $400,000, the

a. project generates a negative return on investment.
b. project's return on investment is zero.
c. project's return on investment is 5% less than the company's target rate.
d. company's target rate is 15%


C

Business

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Indicate whether the statement is true or false

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