A) You are considering an investment for which you require a 14 percent rate of return. The investment costs $59,800 and will produce cash inflows of $25,000 per year for 3 years. What is the projects IRR? Should you accept this project based on its internal rate of return? Why or why not?

B) Company X is considering a project with an initial cost of $525,000. The project will not produce any cash flows for the first three years. Starting in year four, the project will produce cash inflows of $721,000 a year for three years. This project is risky, so the firm has assigned it a discount rate of 17 percent. What is the project's net present value?

C) What is the net present value of a project that has an initial cost of $49,000 and produces cash inflows of $8,000 a year for 17 years if the discount rate is 15 percent?