12 of 30 Hui Tan has borrowed $25,000 from his local bank. The loan will cost him 12% per year for the first 7 years and 4% per year for the next 15 years. The interest is compounded annually. At the end of the 22 years, the amount he will have to repay is closest to: O a. $99,532.81 O b. $302,507.75 O C. $135,913.51 Od. $100,290.62 2.5 Marks 13 of 30 Unsure 1.5 Marks Which of the following statements is FALSE? a. The NPV profile shows the NPV of a project for various IRRs O b. The crossover rate is a special discount rate at which the NPV profiles of two projects cross O.C. There may be more than one IRR for cash flow streams where the cash. flows change signs more than once O d. Mutually exclusive projects are projects for which the acceptance of one means that other alternative projects will be rejected O e. Contingent projects are projects for which the acceptance of one means that other projects will also be accepted