单选题 The NPV profile is a graphical representation of the change in net present value relative to a change in the:
  • A. prime rate.
  • B. payback period.
  • C. discount rate.
【正确答案】 C
【答案解析】As discount rates change the net present values change. The NPV profile is a graphic illustration of how sensitive net present values are to different discount rates. By comparison, every project has a single internal rate of return and payback period because the values are determined solely by the investment's expected cash flows.