A firm is considering whether or not to purchase an asset to expand its operations. Below is a table of the cash flows associated with the asset over its useful life. The firm has a required rate of return of 16.50%. The asset has no salvage value. Year Cash Flow 0 -$10,750 1 $3,450 2 $1,800 3 $1,600 4 $1,200 5 $5,275 4. (2 points) What is the payback period? Round to the nearest 0.01. 5. (2 points) What is the net present value (NPV)? Round the nearest $0.01. 6. (2 points) What is the internal rate of return (IRR)? Round to the nearest 0.01%.