1. Calculate the NPV of the following project cash flows which come in at the end of the year: $500 in Year 1, $700 in Year 2, and $1000 in Year 3; using a discount rate of 7%. The firm has a net expense of $1700 at the beginning of the project. (Round to the nearest whole number.)

2. What is the NPV if we use a discount rate of 3% instead? (Round to the nearest whole number.)

3. What about 10%? (Round to the nearest whole number.)

4. What is the IRR of the project? (Round to the nearest whole number.)

5. What is the Payback Period (in years, rounding to the nearest decimal) of the project?

(E.g., round 3.124 to 3.1.)