which of the following statement is true>? 1. return on equity is the ratio of total assets to total net income 2. one must know the discount rate to compute the npv of a project but one can compute the IRR without referring to the discount rate.  3. there will always be one IRR regardless of cash flows 4. one must know the discount rate to compute the IRR of a project but one can compute the NPV without referring to the discount rate 5. payback accounts for time value of money

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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which of the following statement is true>?

1. return on equity is the ratio of total assets to total net income

2. one must know the discount rate to compute the npv of a project but one can compute the IRR without referring to the discount rate. 

3. there will always be one IRR regardless of cash flows

4. one must know the discount rate to compute the IRR of a project but one can compute the NPV without referring to the discount rate

5. payback accounts for time value of money 

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