1-What is the net present value of a project that has an initial cash outflow of $12,670 and the following cash inflows? The required return is 12.5%.

Year Cash flow

1 4,375

2 0

3 8,750

4 4,100

A. $-218.68 B. $-124.46 C. $-76.10 D. $549.65 E. $671.02

3-What is the net present value of a project with the following cash flows and a required return of 12%?

Year Cashflow

0 -28,900

1 12,450

2 19,630

3 2,750

A. -$287.22 B. -$177.62 C. $177.62 D. $204.36 E. $287.22