1. Payback Period is an investment evaluation criteria based on:

   	a.	The weighted average cost of capital
   	b.	The required rate of return of the investors in the project
   	c.	The number of years its takes to recoup the initial cash outlay for an investment project

2. The Discounted Payback Period method to evaluate investments is more accurate than simple Payback Period because it considers:

   	a.	Risk and return
   	b.	The time value of money
   	c.	The Fisher Effect

3. The most widely used methods to evaluate investment projects are:

   	a.	NPV and IRR
   	b.	MIRR and Discounted Payback Period
   	c.	IRR and Discounted Payback Period