Identify these equations: PV(1+r)t FVt/(1+r)t=FVt[1/(1+r)t]=C{r1[1/(1+r)t]} (1+Quotedrate/m)m1 Average net income Average book value When to accept an investment opportunity: Yes No NPV is positive Based on the payback rule, the calculated payback period equals a prespecified number of years. The average accounting return (ARR) exceeds a target ARR Based on the IRR rule, the IRR exceeds the required return. True False NPV is the discount rate that is used when the IRR on an investment equals zero. The incremental cash flows for a project evaluation consist of any and all changes in the firm's future cash flows that are a direct consequence of taking the project