9. Which of the following is another name for the Hurdle Rate? A. Discount rate B. Minimum required rate of return C. Weighted average cost of capital D. Minimum desired rate of return E. All of the above a. b. c. 10. An important advantage of the net present value (NPV) method of capital budgeting over the internal rate of return (IRR) method in preference decision making is the net present value method is expressed as a percentage. the net present values of individual projects can be added together to determine the effects of accepting a combination of projects. no advantage. d. both (a) and (b). 11. Which of the following capital budgeting techniques ignores the time value of money? a. payback method b. net present value c. internal rate of return d. profitability index 12. If investment X has a payback period of 2 years and investment Y has a payback period of 5 years, then a. Y is more profitable than X. b. Y is less profitable than X c. X and Y are probably equally profitable. d. X and Y are probably not equally profitable