Which one of the following project evaluation methods does not consider the time value of money? Payback period. Net present value. Internal rate of return. Profitability index. Question 3 (3 points) The internal rate of return is the: rate computed by total present value of cash flows dividing the initial investment rate of return needed for a project to payback within the required time period. rate that makes the net present value calculation of a project equal to zero. rate of return that equals to firm's weighted average cost of capital So F SSY re 18 $ 3 % 5 6 7 * 00 9 E R T Y U DFG H J K K L