Indicate whether the following statements are true or false.

Two investments with exactly the same payback periods are equally valuable to an investor because the timing of net cash flows are the same.

The internal rate of return method of evaluating capital investments can be used with uneven cash flows.

The net present value capital budgeting method does not consider all estimated cash flows for the project's expected life.

A hurdle rate is the minimum acceptable rate of return for an investment.

The breakeven time method of evaluating an investment considers all cash inflows generated by the investment.