There are four principal decision models for evaluating and selecting investment projects: Net present value (NPV) Profitability index (PI) Internal rate of return (IRR) Payback period (PB) Which criteria assume that the project's net cash flows (NCFS) are reinvested at the firm's cost of capital? Conventional PB NPV, PI, and discounted PB NPV and discounted PB O NPV Categorize the following statements whether they characterize the IRR, NPV, PB, or PI decision criteria: Statement IRR NPV PB PI If its value is less than zero, then the project should be rejected a oo Generates multiple solutions if used to analyze nonconventional projects olo O ololo Ignores cash flows that occur after the payback period and expresses a value that has no link to shareholder wealth maximization O O