Instructions: You have 180 minutes to answer all the questions. You can answer any 30 questions of the 35 questions in the booklet. In this booklet 5 questions are bonus questions. Each correct answer beyond 30 correct answers will add a bonus percentage point to the final grade capped at 3% bonus. 1) Felix Company has identified an investment project with the following cash flows. If the discount rate is 10%, what is the present value of these cash flows? (Round to two decimal places.) a. $1,857.80 b. $1,878.29 c. $2,124.39' d. $2,478.29 e. $4,026.28 YEAR 1 2 3 4 CASH FLOW $470 625 735 920 ous, its expected cash What is the project's