Intangible benefits should never be considered when evaluating a project i point using the net present value method.

A$.$ True

B$.$ False

The Profitability index $(\frac{?}{PI})=$ Present value of net cash inflows$/$Present

$1$ point value of initial investment.

A$.$ Invest in the project if the PI is less than $1.$

B$.$ Don't invest in the project if the PI is less than $1.$

Sensitivity analysis can be used to test how changes to the discount rate

$1$ point and cash flows affect the NPV calculations and investment decision.

A$.$ True

B$.$ False