1. A project has an initial cost of $27,400 and a market value of $32,600. What is the difference between these two values called? A. net present value B. internal return C. payback value D. profitability index E. discounted payback 2. What is the net present value of a project with the following cash flows if the required rate of return is 9 percent? Year Cash Flow -$42,398 18,201 21,219 17,800 A. -$1,574.41 B. -$1,208.19 C. $5,904.65 D. $6,029.09 E. $6,311.16