3 pts Question 32 A project has the following cash flows. What is the internal rate of return? 2 3 1 Year 0 $218,600 Net income $190,000 -$390,000 $168,000 20.32 percent 21.54 percent 22.85 percent 22.02 percent 21.32 percent Question 29 3 pts You are making a $25,000 investment and feel that a 12 percent rate of return is reasonable given the nature of the risks involved. You feel that you will receive at least $100 in the first year, $36,000 in the second year, and potentially could see a cash outflow of $5,000 in the third year. What is the net present value of this investment given your expectations? -$863.20 $229.37 $268.33 $708.09 -$919.28 Question 30 3 pts Unique, Inc., is considering an unusual project. This project requires an initial cash investment of $24,000. The project will generate cash inflows of $7,500 in the first year. Then, the project will do nothing for 2 years, after which time cash inflows of $10,000 will be generated for 3 years. How long will it take Unique, Inc., to recover its $24,000 investment? 3.87 years 4.14 years The project never pays back. 4,65 years 4.03 years