Question: The following table presents information on a potential project currently being evaluated by XYZ. Which assertion about starement 1 and statement 2 is true? Expected

 The following table presents information on a potential project currently being

The following table presents information on a potential project currently being evaluated by XYZ. Which assertion about starement 1 and statement 2 is true? Expected cash flows (number of years from tollay) Cost of capital $82,000.00$31,000,00$15,000.00$31,000.00$8,000,0012,44% Statement 1: XYZ would accept the project based on the projecf's net present value and the NPV rule: Statement 2XYZ would accept the project based on the project's payback period and the payback nule if the payback threshold is 2.35 years Statement 1 is true and statement 2 is true Statement 1 is false and statement 2 is folse Staternent 1 is true and statement 2 is talse Statement 1 is false and statement 2 is true

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