for 31 a-c. your employer, Rubio LLC, is considering an investment in an office building that has the following cash flows:

Purchase Year 0.......$-2,150,000

Year 1.....208,000

Year 2.....207,000

Year 3.....220,000

Year 4.....224,000

Year 5.....230,000 and a sale @ $3,050,000 takes place at end of year 5

The company weighted average cost of capital that they use as their discount rate for calculations is 10%

31a) What is the projects IRR

31b) For Public Rubio what is the NPV

31c) In 31b you might expect

a. The yield to be higher than the discount rate because you sold the property at a profit

b.the NPV to be positive because the IRR is higher than the discount rate

c. The NPV to be negative because the IRR is lower than the discount rate

d. All of the above