The present value of $400 to be received at the end of 10 years if the discount rate is 5% is: $313.60$248.40$400.00$245.60 2 points Which of the following statements is true: None of thase decisions are true Bad investments are those where the present value of all current or future benefits (cash inflows) exceeds the present value of all current and future costs (cash outflows) When the present value of all current or future benefits (cash inflows) exceeds the present value of all current and future costs (cash outflows) you are indifferen regarding whether to invest or not to invest Good investments are those where the present value of all current or future benfits (cash inflows) exceeds the present value of all current and future costs (cast outflows) 2 points How many years will it take for $520 to grow to $1,068.41 if it's invested at 6% : 12.40 years 10.40 years 11.40years 13,40 years