Check figure for Project A: NPV =-$5,135.54 Reject P10-7 Net present value-Independent proiects Using a 14% cost of capital, calculate the net present value for each of the independent projects shown in the following table, and indicate whether each is acceptable. Project A $26,000 Project B $500,000 Project C $170,000 Project D $950,000 Project E $80,000 Initial investment (CF) Year (t) $ 0 0 Cash inflows (CF) $100,000 $20,000 $230,000 120,000 19,000 230,000 140,000 18,000 230,000 160,000 17,000 230,000 180,000 16,000 230,000 200,000 15,000 230,000 14,000 230,000 13,000 230,000 12,000 11,000 $4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 20,000 30,000 50,000 60,000 70,000 Check figure for Project A: 17.43% P10-14 Internal rate of return for each of the projects shown in the following table, calcu- late the internal rate of return (IRR). Then indicate, for each project, the maximum cost of capital that the firm could have and still find the IRR acceptable. Project A $90,000 Project B $490,000 Project C $20,000 Project D $240,000 Initial investment (CF) Year (t) Cash inflows (CF) $20,000 25,000 30,000 35,000 40,000 $150,000 150,000 150,000 150,000 $7,500 7,500 7,500 7,500 7,500 $120,000 100,000 80,000 60,000