True False 0 0 Wou O 0 5. A project should be accepted if its profitability index (PI) >0. 6. The IRR does not assume that all interim cash flows are reinvested at the IRR. 7. To graph the IRR NPVs are arrayed along the vertical axis. 0 0 o 0 O Q 8. If the payback period is 3 years and the cutoff period is 4 years, the project should be accepted. 9. When calculating a project's NPV, it is fair to assume that the cost is already a present value. 10. It is fair to rank projects from best to worst solely on their respective NPVs. O 0