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Hi can i get help with these two questions? The following details are provided by a manufacturing company: Product line Investment $1,180,000 Useful life 14

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The following details are provided by a manufacturing company: Product line Investment $1,180,000 Useful life 14 years Estimated annual net cash inflows for first year $430,000 Estimated annual net cash inflows for second year $390,000 Estimated annual net cash inflows for next ten years $450,000 Residual value $90,000 Depreciation method Straight-line 12% Required rate of return Calculate the payback period for the investment. (Round your answer to two decimal places.) O A. 2.28 years OB. 2.74 years O c. 2.53 years OD. 2.80 years The following details are provided by Ferrous Foundry Company: Initial investment Discount rate Yearly cash inflows $5,020,000 15% N $1,268,000 $1,352,000 $2,410,000 $1,152,000 Present Value of $1: 13% 1 0 .885 14% 0.877 15% 0.87 O A. $624,318 OB. $592,360 O c. $(650,004) OD. $(595,395) $1,268,000 $1,352,000 $2,410,000 $1,152,000 Present Value of $1: 13% 1 0.885 0.783 0.693 0.613 14% 0.877 0.769 0.675 0.592 15% 0.87 0.756 0.658 0.572 What is the NPV of the project? O A. $624,318 OB. $592,360 O C. $(650,004) OD. $(595,395)

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