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The following table presents information on a potential project currently being evaluated by XYZ. Which assertion about statement 1 and statement 2 is true? Expected

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The following table presents information on a potential project currently being evaluated by XYZ. Which assertion about statement 1 and statement 2 is true? Expected cash flows (number of years from today) Cost of capital 0 1 2 3 4 -$65,000.00 $30,000.00 $17,000.00 $33,000.00 $5,000.00 13.74% Statement 1: XYZ would accept the project based on the project's net present value and the NPV rule. Statement 2: XYZ would accept the project based on the project's payback period and the payback rule if the payback threshold is 3.73 years Statement 1 is true and statement 2 is false Statement 1 is false and statement 2 is true Statement 1 is true and statement 2 is true Statement 1 is false and statement 2 is false

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