Please give me an answers that 115 to 121.

Under the internal rate of return rule in capital budgeting, which of the following statements does not apply? The internal rate of return can be equal to the cost of capital. The internal rate of return can vary throughout the life of a project. The initial investment can cover the cost from purchasing new equipment. The cash inflows can be estimates. Which of the following is a correct definition of Net Present Value. The sum of the present values of all a project's revenues and expenses. NPV = PV_inflows + PV_outflows A means of evaluating a project's profitability. All of these answers. When evaluating the cash flows from a project, a financial manager needs to analyze the: The costs of the project The costs and benefits of the project The benefits of the project costs, benefits, and opportunity costs of the project. The net present value can be: Positive Negative Zero d Positive, Zero, or Negative A company is considering a project that has a discount rate of 5%. In the first year, it will have $100,000 in cash flows. In year 2, it will have cash flows of S100,000, and in year 3 the project will generate $200,000. What is the project's NPV? $358, 708 $168, 232 $193, 204 $190, 476 Under the present value concept, a lottery winner would rather receive: $10,000 per year for the next 5 years than receive $50,000 today. None of these, as the best answer depends on the interest rate that the lottery winner faces. $10,000 per year for the next 5 years than receive $40,000 today. $10,000 per year for the next 5 years than receive $30,000 today. Each choice listed below represents a net present value of a potential project. If you were a CFO of a company which project would you choose? NPV = $0 NPV = $500,000 NPV $100,000 NPV = $200,000