Use the following data to answer Questions 18 through 20: A company is considering a project with an IRR of 25% and a MIRR of 18.96%. The project costs $20,000 and is expected to generate the following cash flows: Year Cash flow 1 $7,000 2 8,500 3 X 4 10,000

18. The projects year-3 cash flow is: *

A. $6,500

B. $9,500

C. $2,500

D. $1,500

E. None of the above

19. The WACC is: *

A. 0%

B. 10%

C. 10.2%

D. 12.45%

E. None of the above

20. The projects NPV is: *

A. $7,356.05

B. $129.77

C. $153.25

D. -$29.77

E. None of the above