please help with both

7.

Your company is considering a project with the following projected cash flows. Calculate the project's DISCOUNTED payback period (in years). Assume a discount rate of 7%

Year	Cash Flow
0	-$1,100
1	550
2	465
3	381
4	425

Round intermediate values (present value of cash flows) to 4 decimal places of precision.

Enter your answer as a number with 2 decimal places of precision

27.

Which of the following statements is CORRECT?

	a.	An NPV profile graph is designed to give decision makers an idea about how a projects contribution to the firms value (NPV) varies with the cost of capital.
	b.	The NPV profile graph for a normal project will generally have a positive (upward) slope as the life of the project increases.
	c.	An NPV profile graph shows how a projects payback varies as the cost of capital changes.
	d.	An NPV profile graph is designed to give decision makers an idea about how a projects risk varies with its life.
	e.	None of the other responses provided are correct.