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Among following cash flows, which one (s) is (are) not relevant to the calculus of NPV? 1. The salvage value of the equipment. 2. The

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Among following cash flows, which one (s) is (are) not relevant to the calculus of NPV? 1. The salvage value of the equipment. 2. The tax savings related to the depreciation. 3. The variations of accounts payable. 4. The dividends paid to the shareholders. 2 and 4 only 4 only 2 and 3 only 1 and 2 only Question 42 (1 point) Among following statements which one is false? When the NPV of a project is negative, the IRR is most likely to be superior to the required return. When the NPV of a project is positive, the PI is necessarily superior to 1 . When the NPV of a project is negative, the PI is necessarily inferior to 1 . When the NPV of a project is negative, the IRR is most likely to be inferior to the required return

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