1) What is the payback period? Round your answer to two decimal places.

2) What is the net present value (NPV) rounded to the nearest dollar?

3) What is the internal rate of return?

If the nominal rate of return is 12 percent and the real rate is 2 percent, then, according to the Fisher Effect, what is the rate of inflation? 7.25% 9.80% 22.98% 11.27% Use the following information to answer the next three questions. Consider the following cash flows: Assume a discount rate of 8.7 percent