A project is expected to generate a cash flow of 100 at the end of each of three consecutive years, as illustrated below: The project manager uses a discount rate of 8% to evaluate the project. Which of the following statements is/are incorrect: (i) Economic capital at the start of year 1 ( K0) equals 257.7 (rounded to one decimal). (ii) If all cash flows were distributed when received (i.e. if payout was 100\%6), economic income in year 2 (Y2) would equal 20.6 (rounded to one decimal). (iii) If the project manager did not distribute any of the project cash flows (i.e. if payout was 096), the project's economic capital would not depreciate during year 1. Select one: a. (ii) b. (i) and (iii) c. (iii) d. All the statements are incorrect e. (ii) and (iii) f. (i) g. (i) and (ii) A project is expected to generate a cash flow of 100 at the end of each of three consecutive years, as illustrated below: The project manager uses a discount rate of 8% to evaluate the project. Which of the following statements is/are incorrect: (i) Economic capital at the start of year 1 ( K0) equals 257.7 (rounded to one decimal). (ii) If all cash flows were distributed when received (i.e. if payout was 100\%6), economic income in year 2 (Y2) would equal 20.6 (rounded to one decimal). (iii) If the project manager did not distribute any of the project cash flows (i.e. if payout was 096), the project's economic capital would not depreciate during year 1. Select one: a. (ii) b. (i) and (iii) c. (iii) d. All the statements are incorrect e. (ii) and (iii) f. (i) g. (i) and (ii)