24. If a project has: year 0 -500 year 1- $200 year 2 for this project is: a) 2 years b) 2.5 years c)3 years d) 3.5 years $200 and year 3- $200, then the payback period 25. A project has an initial cost of -10,000. Cash flows of 3,000 will be generated for the next 7 years. If required return is 10%; what is the NPV of this project a) $4,605 b) $8,605 c) $10,605 d) $14,605