help needed with question 2&3

THE FOLLOWING DATA APPLY TO THE NEXY THREE PROBLEMS Toya Motors needs a new machine for production of its new models. The flnanclal vice president has appointed you to do the capital budgeting analysis. You have Identifled two different machines that are capable of performing the job. You have completed the cash flow analysls, and the expected net cash flows are as follows: 1. What is the payback period for Machine B? a. 1.0 year b. 2.0 years c. 2.4 years d. 2.6 years e. 3.0 years 2. The cost of capltal is uncertaln at this tlme, so you construct NPV profiles to assist in the final decislon. The profiles for Machines B and O cross at what cost of capital? a. 6% b. 10% c. 18% d. 24% c. They do not cross in the upper right-hand quadrant 3. If the cost of capital for both projects is 14 percent at the time the decision is made, which project would you choose? a. Project B; It has the higher positive NPV. b. Project O; it has the higher positive NPV. c. Nelther; both have negativo NPVs. d. Either; both have the same NPV. e. Project B; It has the higher IRR