1) A project with a 3 year life and a cost of $28,000 generates revenues of $8,000 in year 1, $12,000 in year 2, and $17,000 in year 3. If the discount rate is 3%, what is the NPV of the project? a) $34,635. b) $6,653 c) $6,356. d) $6,635. None of the above. 2) A project with a 3 year life and a cost of $28,000 generates revenues of $8,000 in year 1, $12,000 in year 2, and $17,000 in year 3. If the discount rate is 4%, what is the NPV of the project? a) $5,090. b) $5,900. c) $5,700 d) $33,900 e) None of the above. 3) A project with a 3 year life and a cost of $32,000 generates revenues of $8,000 in year 1, $12,000 in year 2, and $17,000 in year 3. If the discount rate is 5%, what is the NPV of the project? a) $1,288. b) $1,118. c) $1,188. d) $1,818. e) None of the above