Time left $0$:$43$:$27$

The following statement$($s$)$ are true regarding the features of investment appraisal techniques:

Select one or more:

a$.$ NPv is the theoretically correct tool to use to measure investment value

b$.$ NPV uses discounted cash flows to measure investment value

c$.$ ROCE evaluates cash flows from an investment

d$.$ Payback uses cash flows to measure investment value