Information for Questions 13 - 16 You've just been hired as a financial analyst for Ford Motors. Tim Stone. CFO, has asked you to analyze the project data shown to the right. Furthermore, Ford's required return for this project is 9%, it's tax rate is 22%, and it's payback requirement in order to do a project is less than 3 years. In his memo to you, he asked you to answer the following questions: NOTE: Problems 13-16 are based on very similar questions. HOWEVER, the NUMBERS for the problem may be different based on what version is ramdomly selected from Canvas. Do not assume the numbers stay the same. Question 13 2pts What is the payback period for this project? years (go out to 4 decimal points x.xxxx ) What is the IRR of this project? (do not assume numbers are the same as the previous question) % (round to 2 decimal points x.x% ) Cashflows over years 03. Question 15 2 pts What is the NPV of this project? (do not assume numbers are the same as the previous questions) $ (round to 2 decimal points $x.xx ) Regardless of the different number sets presented in problems 3-5, all numbers were relatively close enough to each other that the "go vs no-go" decision would be the same. Should Ford do this project and why or why not? Yes, PRIMARILY because IRR is greater than the required rate of return Yes, PRIMARIIY because the payback period is less than the required term. Yes, PRIMARILY because NPV is positive No, PRIMARILY because the NPV is negative No, PRIMARILY because the IRR is less than the required rate of return