Which of the following statements are false? 1 point

The net present value is the preferred decision criterion.

The internal rate of return is the discount rate that makes the NPV = 0.

2.

Which of the following statements are true? 1 point

The payback period is measured as a percent.

The AAR is similar to the calculation for the return on assets.

The discounted payback is better than the payback because it does not require an arbitrary cutoff point.

none of the above.