There are four principal decision models for evaluating and selecting investment projects: - Net present value (NPV) - Profitability index (PI) - Internal rate of return (IRR) - Payback period (PB) Which criteria assume that the project's net cash flows (NCFs) are reinvested at the project's internal rate of return? Conventional PB IRR NPV and IRR NPV, IRR, and PI Categorize the following statements whether they characterize the IRR, NPV, PB, or PI decision criteria