34) Consider the following two projects: Project Year Year 1 Year 2 Year 3 Year 4 Discount Cash Flow Cash Flow Cash Flow Cash Flow Cash FlowRate 100 -73 N/A 17% 30 i 17% 30 30 30 The net present value (NPV) of project B is closest to A) 9.3 B) 10.2 C) 11.6 D) 23.2 35) Investment B has the following cash flows: Year: Cash flow: -$15,000 $7000 $7000 $7000 $7000 $7000 What is Investment B's payback? A) 2.33 years B) 2.14 years C) 2.43 years D) 2.57 years 36) Project B has the following cash flows and discount rate: Cash Flow Cash Flow Cash Flow Cash Flow Rate 40 40-15% Project Year0 Year1 Year 2 |Year 3 Discount -80 40 Which of the following statement is true according to IRR rule? A) Project A's IRR is 23.38% and should be rejected B) Project A's IRR is 23.38% and should be accepted C) Project A's IRR is 13.65% and should be accepted D) Project A's IRR is 13.65% and should be rejected