QUESTION 20 Which of the following statements about the NPV is false O The NPV is calculated by subtracting the initial investment from the present value of all future cash flows O This method consider the TVM by converting all cash flows to the present value O NPV is measured in percentage and hence does not present the actual cash profit O All of the above are true. QUESTION 21 Calculate the following investments payback period if it has an initial cost of 4200 and generates a return of 2300, 1200, 2000 and 5200 O 2.35 years O 2.74 years O 2.54 years O 4 years 1 points