A project is expected to provide cash flows of $12,300, $12,700, $15,800, and $10,300 over the next four years, respectively. At a required return of 8.6 percent, the project has a profitability index of 887. For this to be true, what is the project's cost at Time 0? O $43.234 O $31,541 O Insufficient information. O $37,108 O $47,164 QUESTION 10 A project with an initial cost of $64,950 is expected to generate annual cash flows of $16,250 for the next 7 years. What is the project's internal rate of return? O 18.17% O 16.35% O 17.72% O 14.72% O 15.54% QUESTION 11 If the economy booms, RTF, Inc., stock is expected to return 13 percent. If the economy goes into a recessionary period, then RTF is expected to only return 5 percent. The probability of a boom is 83 percent while the probability of a recession is 17 percent. What is the variance of the returns on RTF, Inc., stock? .058200 .000903 0.000750 030051 0.000596