True or False

1. When two projects are mutually exclusive and conventional in cash flows, the NPV and IRR will result in the same conclusion with regard to the accept/reject decision-making if the crossover rate is greater than the required rate of return.
2. The required rate of return will be always greater than the IRR if the NPV is positive for a single conventional cash flow.
3. The NPV should be negative if the discounted payback period is longer than the life of the project.
4. The negative NPV project will yield the profitability index being greater than 0 but less than 1.
5. One of the redeeming qualities of the IRR method is that it does not require to compute the discount rate.
6. Other things being equal, the discounted payback period should be shorter than the regular payback period.
7. The NPV decreases with the IRR.
8. There can be a ranking conflict between the NPV and Profitability Index (PI) when two projects are mutually exclusive.
9. A zero-NPV project indicates that the project should be accepted.
10. The best technique for the capital budgeting analysis is the NPV method.