1) if the IIR (internal rate of return) of an investment is greater than the discount rate, then the NPV of the investment is greater than Zero? T/F

2) the cash outflow for the purchase of equipment today is an example of an initial outlay? T/F

3) An IRR value of less than 1.00 indicates the project being analyzed is not profitable? T/F

4)suppose you calculate an NPV greater than Zero when using a discount rate of 8%. As you continually reduce the discount rate and calculate new NPVs, the NPVs will approach Zero. T/F

5)a project that is more sensitive to change is generally deemed riskier? T/F

6) capital budgeting decisions have significant financial effects beyond the initial year? T/F

7) if the NPV is negative, the benefit-cost ratio is more than 1.00? T/F