Question 11 (4 points) Bill plans to open a do-it-yourself dog-grooming center. The property and equipment will cost $40,000 in year 0. Bill expects the cash inflows to be $15,000 annually for the next 4 years, after which there will be no residual value left. The cost of capital is 10% and Bill has to recover the investment in 2.5 years. What is the project's payback period (PB)? Could the project be accepted? Question 12 (4 points) For the dog grooming center project in Question 11. what is the project's Net Present Value (NPV)? Could the project be accepted? 10 18 . 5 6 C 9 8 E R T 0 D F G H J K L CV B NM * Question 13 (4 points) For the dog-grooming center project in Question 11, what is the project's Profitability Index (Pl)? Could the project be accepted? go 9 3 % 5 4 6 8 0 m R Y U o DF G H KL