Chapter 9 Problems Use the following for problems 1-4 A project costs $25,000 now and will give CFs of $8.000 per year for 5 years. The discount rate is 9% 1. What is the NPV? 2. What is the IRR? 3 What is the payback period? 4. What is the P12 Use the following for problems 5-8 You have access to a project that requires a $12,000 initial investment. The project will then return cash flows for a total of 6 years, starting at $2,000 in year 1 and increasing at 9% per year for 5 more years. The discount rate is 10% 5. What is the NPV? 6. What is the IRR? 7. What is the payback period? 8. What is the PI