Outlook 2:05 PM more @ 60% 32. Calculate the payback period for the following investment: A machine costs $100,000 with installation costs of $15,000. Cash inflows are expected to be 26,000 per year for the next seven years. a greater than 6 years b. 3.85 years c. 5 years d. 4.42 years 33. Given the following information, calculate the net present value: Initial outlay is $50,000; required rate of return is 10%; current prime rate is 12%; and cash inflows at the end of the next 4 years are $60,000, $30,000, S40,000, and $50,000. a. $87,734 b. $93,542 c. equal to 0 d. less than 0 34. Calculate the IRR for the following investment project: Initial investment is $75,000; inflows are $20,000 for the next five years: Required rate of return is 15% (Round your answer to the nearest whole percentage) a. 10% b. 12% c. 14% d. 9% 35. If the NPV of a project is $500 and the required rate of return is 8%, the IRR must be: a. >8% b. -8% c.