Can anyone answer 17-20? True or False for all.

11. If a project's NPV is equal to zero, the P1 must also equal zero. 12. The EAA is a useful measure even if the projects are not mutually exclusive. O O 0 0 13. The greater a project's discount (or required) rate, the greater its NPV will be. 14. The first step when solving for the modified IRR (MIRR) is to calculate the present value of the cash inflows. 15. A project is acceptable when its hurdle rate $0 if the discount rate 15%. 18. If the discount rate is 15%, the profitability index of the project in #17$0, it is fair to assume that the IRR > the hurdle rate