1. What is the net present value of a project with the following cash flows if the required rate of return is 12 percent? Year Cash Fl 0 $42,398 13,407 21,219 17,800 A.$1,574.41 $1,208.19 C. $842.12 D. $729.09 E. $1,311.16 2. What is the net present value of a project that has an initial cash outflow of $34,900 and the following cash inflows? The required return is 15.35 percent. Year Cash Inflows $12,500 19,700 0 10,400 4 A. $3,383.25 $2,784.62 C. 2,481.53 D. $52,311.08 E. $66,416.75