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A) You have the following information on a project's cash flows. The cost of capital is 12.1% Year Cash flows 0 -$116,000 1 23,000 2

A) You have the following information on a project's cash flows. The cost of capital is 12.1%

Year

Cash flows

0

-$116,000

1

23,000

2

23,000

3

31,000

4

32,000

5

50,000

The NPV of the project is $____. Round to two decimal places.

B) You have the following information on a project's cash flows.

Year

Cash flows

0

-$111,000

1

24,000

2

31,000

3

32,000

4

48,000

5

55,000

The project's payback is ____ years. Round it to two decimal places.

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