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What is the interpretation of the payback of a project? Select one: a. It measures the discounted value of all future positive cash flows of

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What is the interpretation of the payback of a project? Select one: a. It measures the discounted value of all future positive cash flows of the project. b. It measures the number of years in which the initial investment amount in the project is recovered. c. It gives the amount of cash investors receive from a project in return for their investment. d. It measures the amount of cash generated from the project that can be distributed to investors. Project A has an internal rate of return of 13%, and the cost of capital rate appropriate for this project is 15%. Therefore Select one: a. The net present value of the project is greater than zero. b. The absolute value of the net present value of the project is equal to 2% of the initial investment. c. The net present value of the project could be either greater than zero or smaller than zero, or equal to zero Od. The net present value of the project is smaller than zero

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