23 Save Answer 4 points What is the NPV for a project whose cost of capital is 8 percent and initial after-cost is $5,000,000 and is expected to provide after-tax operating cash inflows of $1,800,000 in year 1, $1,900,000 in year 2, $1,700,000 in year 3, and $1,300,000 in year 4? -$137,053 a. b. $371,764 Oc $600,664 d. -$4,862,947 Question 24 4 points Save The approximate before-tax cost of debt for a 15-year, 10 percent, $1,000 par value bond selling at $865 is a. 10.7 percent b. 12 percent c. 15.4 percent d. 10 percent Question 26 When the net present value is zero, the internal rate of return is 4 points the cost of capital. a. greater than or equal to Ob. greater than less than c. d. equal to