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1. Explain the strength and weaknesses of NPV, payback, IRR, and profitability index. (Ch 16(10), 10 points) 2. Explain two reasons why NPV profiles cross. (Ch 16(10), 10 points) 3. Define additional funds needed (AFN) and explain how to calculate it. (

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1. Explain the strength and weaknesses of NPV, payback, IRR, and profitability index. (Ch 16(10), 10 points) 2. Explain two reasons why NPV profiles cross. (Ch 16(10), 10 points) 3. Define additional funds needed (AFN) and explain how to calculate it. (
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