There is no evaluation of vendor alternatives or information in which situation?

The risk-free rate of return is 9% and the market risk premium is 5%. The beta of the project under analysis is 1.4, with expected net cash flows estimated to be $500 per year for 5 years. The required investment outlay on the project is $5000. What is the project's NPV?

A) - $4362.85 B) - $3362.85 C) - $2362.86 D) $3362.85

If the discount rate is appropriate for the level of risk, a satisfactory investment will have a present value of benefits equal to or greater than than the present value of costs

Indicate whether the statement is true or false.