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Capital Budgeting

Total questions: 8

Worksheet time: 12mins

Name
Class
Date
1.

If the net present value of project A is +$50, and of project B is +$80, then the NPV of the combined project is:

a)

$30

b)

$50

c)

$80

d)

$130

2.

If the NPV of project A is +$80, and that of project B is -$40, and that of project C is +$20, what is the NPV of the combined project?

a)

$100

b)

-$40

c)

$60

d)

$20

3.

Given the following cash flow for the startup “Healthy Life”: C0=-2000, C1=+500, C2=+700, C3=+1200, C4=+1500, C5=$3000 calculate the NPV of the startup using a 10% discount rate.

a)

$2822

b)

$2102

c)

$2566

d)

$6822

4.

Which one of the following will increase the NPV of a project?

a)

An increase in the discount rate.

b)

Increasing the amount of the initial cash outflow

c)

Decreasing the amount of each cash inflow

d)

A decrease in the discount rate

5.

Payback period rule accepts all projects for which the payback period is:

a)

Greater than the cut-off value.

b)

Less than the cut-off value.

c)

Positive

d)

An integer

6.

The advantage of the payback period is :

a)

Adjustment for uncertainty of early CF

b)

It is simple to calculate and use

c)

Does not discount CF

d)

None of the above

7.

The discount rate that makes the net present value of an investment exactly equal to zero is called the:

a)

Internal rate of return

b)

External rate of return

c)

WACC

d)

Average rate of return

8.

What is the internal rate of return on an investment with the following cash flows?

a)

8.00%

b)

8.93%

c)

10.00%

d)

10.45%