$27.$A company is considering a project with a payback period of $2\mathrm{.}6667$ years. If the company requires projects to recoup their initial investment within $3$ years, would this project be moved forward in the approval process?$$

a$.$Yes, because the payback period is longer than the required timeframe.

b$.$No$,$ because the payback period is longer than the required timeframe.

c$.$No$,$ because the payback period is shorter than the required timeframe.

d$.$Yes, because the payback period is shorter than the required timeframe.$$

$31$ Internal rate of return represents added value being created as a result of a decision. True or False?

$32.$A company which has a required rate of return of $12\%$ is considering a project with an internal rate of return of $11\mathrm{.}37\%.$ Should this project be moved forward for approval?

a$.$No$,$ because the internal rate of return is more than the required rate of return

b$.$No$,$ because the internal rate of return is less than the required rate of return

c$.$Yes, because the internal rate of return is more than the required rate of return

d$.$Yes, because the internal rate of return is less than the required rate of return

$33.$A company which has a required rate of return of $12\%$ is considering a project with an internal rate of return of $12\mathrm{.}37\%.$ Should this project be moved forward for approval?

a$.$No$,$ because the internal rate of return is less than the required rate of return

b$.$Yes, because the internal rate of return is more than the required rate of return

c$.$Yes, because the internal rate of return is less than the required rate of return

d$.$No$,$ because the internal rate of return is more than the required rate of return

$38.$A company is considering a project with an initial investment of $$1\mathrm{.}2$ million. The present value of expected future cash flows sums to $$1\mathrm{.}3$ million. Should this project be moved forward for approval?$$

a$.$Yes, because the sum of the PVs is more than the initial investment

b$.$No$,$ because the sum of the PVs is less than the initial investment

c$.$No$,$ because the sum of the PVs is more than the initial investment

d$.$Yes, because the sum of the PVs is less than the initial investment

$39.$A company is considering a project with an initial investment of $$1\mathrm{.}2$ million. The present value of expected future cash flows sums to $$1\mathrm{.}1$ million. Should this project be moved forward for approval?$$

a$.$No$,$ because the sum of the PVs is less than the initial investment

b$.$Yes, because the sum of the PVs is less than the initial investment

c$.$Yes, because the sum of the PVs is more than the initial investment

d$.$No$,$ because the sum of the PVs is more than the initial investment