Question 13 (3 points) Which of the following statements is NOT correct about Payback method? The payback values are relatively simple to calculate When comparing projects, the payback method decision is intuitive The payback method uses all project cash flows in establishing the project payback period It is a quick method to measure of the inherent risk of a project Question 14 (3.5 points) What is the profitability index of a project with a $38,000 initial investment and expected net cash flows of $14,700, $15,700, and $26,800 in each of the next three years, assuming an appropriate discount rate of 9.7%? Round to 2 decimal places. A