(3 points) If a project has a net present value equal to zero, then: A. a decrease in the project's initial cost will cause the project to have a negative NPV. B. the project earns IRR exactly equal to the required rate. C. the project's PI must be also equal to zero. D. the total of the cash inflows must equal the initial cost of the project. (3 points) Consider an investment that costs $100,000 and has future cash inflows of $24,000, $25,000, $30,000, $40,000 in Year 1, 2, 3, and 4, respectively. The required payback is 3.5 years. What is the payback period of thi project? Should you accept or reject the project? A. 3.00 years, accept B. 3.53 years, reject C. 3.70 years, reject D. 3.81 years, reject (3 points) Which one of the following best describes the concept of opportunity cost? A. expenses that have already been incurred and cannot be recovered B. change in net working capital related to implementing a new project C. the alternative that is forfeited when an existing fixed asset is utilized by a new project D. the differences in a firm's cash flows with and without a particular project (3 points) Which one of the following should NOT be included in the analysis of a new product? A . Increase in accounts payable for new product inventory purchases. B. Reduction in sales for a current product once the new product is introduced. C. Market value of a machine owned by the firm which will be used to produce the new product. D. Money already spent for research and development of the new product. Increase in accounts receivable needed to finance sales of the new product