Which of the following statement is not correct? O a. Present value index is the present value of an investments future cash flows divided by ts initial cost. is a graphical representation of the relationship between an investment's NPVs and various discount rates. O b. Net present value profile O c. Based on the IRR rule, an investment is acceptable if the IRR exceeds the required return. It should be rejected otherwise. O d. Payback period is the amount of time required for an investment to generate cash flows that recover its net present value. Moving to another question will save this response. F1 888 FA