Outlook 2:06 PM more @ 60% 36. Given the following information, calculate NPV: Initial investment is $50,000; inflows at the end of the next four years are $12,000, $4,000, S12,000, $13,000; and the required rate of return is 8%. a. -$10,427 b. -$12,442 c. $83,622 d. -$16,378 37. Independent projects: a. do not compete with each other b. do compete with each other c. can be mutually exclusive under certain conditions d. always have negative NPVs 38. Find the IRR for the following project: Outflow is $200,000; required rate of return is 18%; inflows are $50,000 $70,000, $80,000, and $100,000 respectively at the end of each year for the next four years. a. 12% b. 13.7% c. 16.4% d. 30% 39. In cases of conflict among mutually exclusive projects, the one with highest: a. IRR should be chosen b. NPV should be chosen c. cost of capital should be chosen d. with mutually exclusive projects, NPV = IRR so the highest of either is appropriate 40. Given the following information, calculate the NPV: Purchase price is $150,000, setup is $15,000; cash flows are $15,000, $20,000. ($10,000), 530,000, S50,000; and the required rate of return is 9%. a $10,000 b. ($72,934) c. (S76,442)