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______ 9. ABC Company, Inc. is considering two independent capital budgeting projects. If the firm accepts one of these independent projects, then the other independent project will be eliminated from consideration. ______ 10. The Net Present Value (NPV) capital budgeting method measures how long (in years and months) that it takes to recover a projects initial investment, based on the projects cash inflows. ______ 11. If a projects payback period is greater than the maximum acceptable payback period, then the project should be accepted. ______ 12. A weakness of the payback period capital budgeting method is that the appropriate or maximum payback period is a subjectively determined value.