1. (true or false)

From the standpoint of an investment enterprise, the loan of the enterprise should be regarded as the cash inflow related to the project, while the repayment of the loan and the payment of interest should be regarded as the cash outflow related to the project. ( )

2. (True or False)

When evaluating a single investment project, using NPV, profitability index and IRR will lead to exactly the same decision-making conclusion, while using static payback period may lead to the opposite decision-making conclusion. ( )

3. (True or False)

The relationships involved in securities investment funds include fund investors, custodians and fund managers, and the fund investors, fund managers and fund custodians who participate in the fund operation share the income gained from fund investment. ( )

4. (True or False)

For direct investment, the investment value of the investment object should be carefully analyzed before investment, and the investment object should be reasonably selected according to the principle of balance between risk and income. ( )

5. (True or False)

Project investment is generally the foreign investment of enterprises, including the foreign investment of other enterprises with physical assets. ( )

Reference answer and analysis

1. Answer? .

Analysis: From the point of view of an investment enterprise, it should be regarded as cash flow unrelated to the project that the enterprise obtains a loan or returns the loan and pays interest.

2. the answer? .

Analysis: when evaluating the same independent investment project, the static payback period is an evaluation index that does not consider the time value of money, which may conflict with the evaluation conclusion of the evaluation index that considers the time value of money, such as net present value; However, the same conclusion will be drawn when evaluating an independent project with NPV, profitability index, IRR and other evaluation indicators that consider the time value of money.

3. the answer? .

Analysis: The income that fund investors can get is equal to the fund investment income minus the related expenses that the fund should bear. Fund managers and fund custodians who participate in fund operation only charge management fees and custody fees according to the agreed proportion, and have no right to participate in the distribution of fund income.

4. the answer? .

Analysis: For indirect investment, the investment value of the investment object should be carefully analyzed before investment, and the investment object should be reasonably selected according to the principle of balance between risk and income.

5. the answer? .

Analysis: Project investment is generally the internal investment of enterprises, including the external investment of other enterprises with physical assets.