Chapter 9 1. A project has an initial cash outflow of $42,600 and produces cash inflows of $17,680,$19,920, an $15,670 for Years 1 through 3, respectively. What is the NPV at a discount rate of 12 percent? A. $186,95 B. -5108.19 C. $219.41 D. $229.09 E. $311.16 2. A project has a required retum of 12.6 percent, an initial cash outflow of $42,100, and cash inflow of $16,500 in Year 1, \$11.700 in Year 2, and $10,400 in Year 4. What is the net present value? A. $11,748.69 B. $10,933.52 C. 511,208.62 D. $10,457.09 E. $12,006.13 3. A project has an initial cost of $7,900 and cash inflows of $2,100,$3,140,$3,800, and $4,500 a over the next four years, respectively. What is the payback period? A. 2.70 years B. 3.28 years C. 3.36 years D. 3.70 years E. 2.28 years