uestion 25 (2.5 points) The net present value (NPV) of a project is defined as the present value of its signed cash inflows the present value of its signed cash outflows. A) Minus B) Divided by C) Plus D) Multiplies with Question 29 (2.5 points) Which one of the following is an advantage of the payback period rule? A) It is easy to understand B) It biases against long-term projects C) It requires an arbitrary cutoff D) It ignores the time value of money