$1.$ What is the approximate IRR for the cash flow curve depicted?

$5\%$

$10\%$

$15\%$

$20\%$

$-$Select$-$

$2.$ When the cost of capital is less than a project's IRR, the NPV for the project is

negative

equals the project's IRR

positive

cannot be determined

$-$Select$-$

$3.$ If the cost of capital increases, the NPV for the project

increases

stays the same

decreases

cannot be determined

$-$Select$-$

$4.$ In the unrealistic situion in which the cost of capital were zero, the NPV of the project

is the sum of the cash flows

is the upper limit for the NPV of the project

both of the above statements are correct

neither of the first two statements is correct

$-$Select$-$