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Statement I:In the case of capital rationing, a company is compelled to invest in projects having the shortest payback period.Statement II:The shorter the payback period, the less risky is the project. Therefore, it can be considered as an indicator of risk.Select the correct answer from the options given below:

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Statement I:<br />In the case of capital rationing, a company is compelled to invest in projects having the shortest payback period.<br />Statement II:<br />The shorter the payback period, the less risky is the project. Therefore, it can be considered as an indicator of risk.<br />Select the correct answer from the options given below:






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