If a company has computed the project profitability index of an investment project as 0.15, then: Select one: 0 a. the project's internal rate of return is less than the discount rate. © b. the project's internal rate of return is greater than the discount rate. 0 c. the project's internal rate of return is equal to the discount rate. 0 d. the relation between the rate of return and the discount rate is impossible to determine from the given data.

pur-new-sol