Q 33 please explain

Questions 31-40 are four (4) points each. Your employer, Kent, LC, is considering an investment in an office building that has the following cash flows: Purchase in Year 0. $2,750,000 Year 1. 180,000 Year 2.276.000 Year 3................. 220,000 Year 4 239,000 Year 5 250,000 , and a sale @ $3,190,000 takes place EOY 5 The company's weighted average cost of capital that they use as their discount rate for such calculations is 7% 31. What is the project's IRR? a. 15.11% b. 10.96% C. 10.38% d. 16.12% 32. For Kent, LLC what is the NPV? a. $344,814 b. $168,158 c. $473,883 d. $490,401 33. In the above problem, you might expect a. The Yield to be higher than the discount rate because you sold the property at a profit. b. The NPV to be positive because the IRR is higher than the discount rate c. The NPV to be negative because the IRR is lower than the discount rate