A) You are working as Chief Financial Officer for your friend's start-up business. She has asked you to evaluate a project that costs $51822. She estimates the project will have cash flows of $27044 in year 1, $42238 in year 4 and $45332 in year 6. You estimate a required return of 15.38%. What is the NPV of the project?

B) A company is considering an expansion project that tehy estimate will provide monthly payments of $58580 for 5 years. If the cost of capital is 16.47%, what is the most the company should pay to expand?