单选题 An analyst does research about capital budgeting. Which of the following capital budgeting criteria is most directly related to a company's equity value of shareholders?
A. Payback period.
B. Net present value.
C. Internal rate of return.

【正确答案】 B
【答案解析】[解析] 当投资项目有正的净现值时，会增加股东权益，从而导致股票价格上升。