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Which statement is true?

A project manager is in the middle of an agile project comprised of 100 user stories broken down into five iterations Each user story is worth USS50. The actual expenditure is US$2,000 and 50 user stories have been delivered.

Which statement is true?
A . The project is on budget and on schedule.
B . The project is over budget and behind schedule
C . The project is under budget and behind schedule.
D . The project is under budget and on schedule.

Answer: D

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