1) The payback period of the investment (Payback period) of a project is the time necessary to generate an NPV of zero.

[answerhappygod]

1) The payback period of the investment (Payback period) of
a project is the time necessary to generate an NPV of zero.
Select one:
a. True
b. False
2) If the cost of capital for a project with normal cash
flows exceeds its IRR, then the project has a:
Select one:
a. Positive NPV.
b. Negative NPV.
c. Acceptable Payback Period.
d. PI positive
e. None of the above