1. A return is defined as (a) the interest rate on a short term investment (b) the ratio of payoffs in the future relative to costs today (c) the difference between sales price and purchase price of an asset (d) None of the above 2. You are given two options. Option A: Get $50 right now. Option B: Invest in a risk-free project with NPV equal to $50, but that involves spending $100 now and receiving a larger sum of money in the future. Which option is better? (a) Option A (b) Option B (c) Both options are equivalent (d) The answer depends on missing information