2. Which of the following methods of evaluating capital investment projects incorporates the time value of moncy concept? I. Payback Period, II Profitability Index, III. Net Present Value (NPV). IV. Intermal Rate of Retum A. I, II, and III only B. II, III, and IV only C. III and IV only D. I, and IV only 3. The company's cost of capital when debt as well as equity is used for financing is: A. cost of debt B. cost of equity C. the weighted average cost of capital (WACC) D. none of the above