With limited finance and a number of project proposals at hand, select that package of projects which has

Practice Question 5 options:

a)Profitability index is greater than unity

b)Internal rate of return is greater than cost of capital

c)Internal rate of return is less than cost of capital

d)The maximum net present value

Which of the following investment rules does not use the time value of the money concept?

Practice Question 6 options:

a)The payback period

b)All of the options use the time value concept

c)Internal rate of return

d)Net present value