A company is considering the purchase of a copier that costs $5,000. Assume a required rate of return of 10 % and the following cash flow schedule: Year 1: $3,000. Year 2: $2,000. Year 3: $2,000.

57. What is the project's NPV?

A. -$309. B. +$883.

C. + $1,523.

58. The project's IRR is closest to:

A. 10%.

B. 15%.

C. 20%.