Question 1.

You're asked to assess whether your corporation should invest in a long-term capital project. You calculate the payback period and NPV. Give an example of a specific recommendation you could make based on the NPV and a specific recommendation you could make based on the payback period.

Question 2.

Why are capital investments considered among the most important decisions made by a firm's management?

Requirements:

Your discussion board response should be approximately 200 words. APA format for all references is expected - at the very least, your textbook should be listed as a reference for your discussion board posting.