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Which of the following statements is correct for a typical investment project? (There may be multiple correct answers!) NPV > $0 means Profitability Index >

Which of the following statements is correct for a typical investment project? (There may be multiple correct answers!)

  1. NPV > $0 means Profitability Index > 0
  2. NPV > $0 means IRR > required return
  3. Profitability Index > 1 means IRR > required return
  4. NPV = $1 means Profitability Index = 1 and also IRR = required return
  5. Payback period = required payback means NPV = $0

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