8. Compounding and Discounting Northrop Grumman is looking to invest in costcutting projects. One project requires an initial investment of $617. Assume a cost of capital equal to 13%. The project's return over the subsequent three years are summarized in the following table: Cash Flow Year (in dollars, $) 1 436.15 2 952.49 3 499.12 What is the net present value of the project? 0 $860.83 0 $215 .2075 O $430415 0 (KAI; mo: The widget market is competitive and includes no transaction costs. Five suppliers are willing to sell one widget at the following prices: $42, $32, $26, $20, and $12 (one seller at each price). Five buyers are willing to buy one widget at the following prices: $12, $20, $26, $32, and $42 (one buyer at each price). For each price shown in the Following table, use the given information to enter the quantity demanded an- - . . ' supplied. Price Quantity Demanded Quantity Supplied E ($ per widget) (widgets) (widgets) $ 12 3 $20 a $42 In this market, the equilibrium price will be :] per widget, and the equilibrium quantity will be V widgets