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 method or methods adjust the project's net cash flows (NCFS) to recognize the effects of the magnitude, timing, and riskiness of the project's cash nows? NPV NPV and IRR NPV, TRR, PI, and discounted PB TRR and PI IRR NPV PB PI Categorize the following statements whether they characterize the IRR, NPV, P8, or Pl decision criteria: Statement The value is calculated as PVNCF - NINV, where the criterion is the discount rate applied to the project's NCPS If its value is greater than or equal to one, then the project should be accepted Criterion - PVNCF - NINY