b. Which project for 9.7 The director of capital budgeting for Big River Health Systems Inc. has estimated the following cash flows (in thousands of dollars) for a proposed new service: Year Expected Net Cash Flow ($) (100) 0 1 70 50 Nm 20 The project's opportunity cost of capital is 10 percent. a. What is the project's payback period? b. What is the project's NPV? c. What is the project's IRR? cost rate is 8 percent 9.2 Consider the following net cash flows: Year Cash Flow ($) O o 1 250 2 400 3 4 500 600 600 5 a. What is the net present value if the opportunity cost of capital (discount rate) is 10 percent? b. Add an outflow (or cost) of $1,000 at time o. Now, what is the net present value