1. According to the NPV analysis, which investment is least profitable over the life of the investment? 2. What would be the NPV for a company that makes a $30,000 investment in year 0, a 9% cost of capital and then receives $8,000 per year each of the next four years? 3. What would be the NPV for a company that makes a $50,000 investment in year 0, a 9% cost of capital and then receives $20,000 per year each of the next four years? 4. What would be the NPV for a company that makes a $50,000 investment in year 0, a 10% cost of capital and then receives $20,000 per year each of the next four years? 5. What would be the NPV for a company that makes a $50,000 investment in year 0, a 11% cost of capital and then receives $20,000 per year each of the next four years? Year Year 0 (today) Year 1 Year 2 Year 3 Year 4 Buy New Software Increased Profits Increased Profits Increased Profits Increased Profits Investment 1 Investment 2 Investment 3 (8,000) (10,000) 2,500 3,000 2,500 3,000 2,500 3,000 2,500 3,000 (12,000) 4,000 4,000 4,000 4,000