True of false
1. For a project with no negative future outflows the discounted payback period cannot be shorter than the accounting (non-discounted) payback period.
2. Assume Rodriquez Inc. has a 5-year maturity non-convertible zero coupon bond. If interest rates fall by 1% we would expect that this bond price would rise by about 5%.
3. Assume Rodriquez Inc. has a 5-year maturity convertible zero coupon bond. If interest rates fall by 1% we would expect that this bond price would rise by about 5%.