1. The amount of the depreciation tax shield can be calculated by multiplying the amount of depreciation expense by the tax rate.

True or False

2. Cash inflows from a capital investment may include the terminal value of capital assets and increases in revenues.

True or False

3. If a project has a positive net present value, its internal rate of return will exceed the firm's hurdle rate.

True or False

4. Mary needs to have $20,000 one year from today. The formula to compute the amount of money that must be invested today is future value (1 interest rate).

True or False