Question: QUESTION 1 1 points Save Answer A project will generate annual cash flows of $237,600 for each of the next three years, and a cash

 QUESTION 1 1 points Save Answer A project will generate annual

QUESTION 1 1 points Save Answer A project will generate annual cash flows of $237,600 for each of the next three years, and a cash flow of $274,800 during the fourth year. The initial cost of the project is $754,600. Therfore the internal rate of return of this project is 11,43% True False QUESTION 2 1 points Save Answer An investment project costs $21,000 and has annual cash flows of $4,000 for six years. If the discount rate is zero percent the discounted payback period is 5.8 years True O False

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