If a project has consecutive cash flows over the next 4 years of $1000, $2000, $3000 and $5,700 and has an exact payback of 2.80 years, what is the project's IRR? O a. 19.52% O b. 24.39% O c. 43.91% O d. 35.13% O e. 29.27% King Corporation is planning a 15-year project with an initial investment of $2,330,000. The project will have $452,000 cash inflows per year in years 1-3; $163,000 cash inflows in years 4-10, and $59,000 cash inflows in years 11-15. Determine the project's internal rate of return (IRR). O a. 4.47% O b. 2.48% O c. 5.59% O d. 3.73% Oe. 3.11% What is the profitability index of a project that costs $76,000 and returns $38,000 annually for 5 years if the opportunity cost of capital is 11.9%? O a. 0.65 O b. 1.76 c. 0.81 O d. 1.26 O e. 1.05 A machine costs $42,000 and will cost $15,000 a year to operate and maintain. If the discount rate is 8.5% and the machine will last for 7 years, what is the equivalent annual cost of the machine? O a. $27,847 O b. $19,338 O c. $28,719 O d. $21,000 O e. $23,206 What is the NPV of a project that costs $597,000 and returns $265,000 for each of the next 3 years and then $88,800 for each of the following 5 years, if the opportunity cost of capital is 9.00%? O a. $340,506 O b. $453,315 O c. $318,484 O d. $247,138 O e. $298,280 If a Project's IRR is 10.6% and the project provides annual cash flows of $27,300 for 6 years, how much did the project cost? O a. $160,066 O b. $97,364 c. $116,837 O d. $140,204 O e. $163,800 What is the NPV of a(n) 7-year project with equal annual cash flows if the IRR is 14.5% and the initial cost is $261,000? Assume that the discount rate is 8.7%. O a. -$44,172 O b. $53,171 O c. $44,309 O d. $168,614 e. $74,061 Growth Enterprise believes its latest project will cost $219,000 to install and will generate a perpetual stream of cash flows. Cash flow at the end of the first year will be $19,000 and cash flows in future years are expected to grow indefinitely at an annual rate of 6.4%. If the discount rate is 10.2%, what is the project NPV? O a. $309,100 O b. $174,220 O c. $281,000 O d. $449,600 O e. $227,610