A Negative Net Present Value Indicates That

A negative net present value indicates that:

A) A project's cash inflows must be less than the project's initial cost.
B) A project is acceptable.
C) A project's initial cash outflow is greater than the present value of the project's cash inflows.
D) The discount rate is greater than the current market rate of return.
E) The discount rate applied to the project is less than the project's internal rate of return.