Consider the following projects:

	Cash Flows, $
Project	C0	C1	C2	C3	C4	C5
A	1,200	+1,200	0	0	0	0
B	2,400	+1,200	+1,200	+4,200	+1,200	+1,200
C	3,000	+1,200	+1,200	0	+1,200	+1,200

a.	If the opportunity cost of capital is 12%, what is the NPV for each project? (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.)

b.	Calculate the payback period for each project. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Project	Payback Period
A	year(s)
B	year(s)
C	year(s)

Project

NPV

A

$

B

$

C

$

c.	Calculate the discounted payback period for each project. (Enter 0 if the payback period cannot be calculated. Do not round intermediate calculations. Round your answers to 2 decimal places.)

Project	Discounted Payback Period
A	year(s)
B	year(s)
C	year(s)