Threequestions:

Q1: Please explain how Payback Method is used to compare projects. What are the advantages and disadvantages of using the Payback Method?

Q2:

To what extent do you agree or disagree with the following statement on a scale of 1 to 5 where 1 = strongly disagree and 5 = strongly agree? Please explain your answer.

"If a company uses both NPV and IRR to evaluate a single project and both methods result in conflicting decisions (i.e. one method results in an "accept" and the other results in a "reject"), the IRR result should be chosen over the NPV result."

Q3:

To what extent do you agree or disagree with the following statement on a scale of 1 to 5 where 1 = strongly disagree and 5 = strongly agree? Please explain your answer.

"Political risk cannot be eliminated totally but can be significantly reduced if the firm is actively engaged in the political process including making extensive financial contributions."

Please provide a Reference to each question