PART II: PROBLEMS $$ Compute a final numerical answer for each of the following problems. You should work out your solutions on loose leaf paper in an organized manner so that when I post the solution key, you can determine why answers that you missed were incorrect. This will allow you to LEARN from any mistakes so you to not repeat these on the Final Exam $($which is worth $35\%$ of your grade in this class$).$

Unless specifically instructed otherwise in a question, round all dollar answers to $2$ decimal places, record IRR and WACC values as a percent rounded to $2$ decimal places, and round payback period or profitability index values to $2$ decimal places. If your answer is a negative value, put a hyphen $(-)$ before the number with no space between the hyphen and the number.

USE THE TABLE BELOW TO ANSWER THE FOLLOWING NINE $(9)$ QUESTIONS

Year Project X Net Cash Flows $($$$)$ Project X Net Cash Flows $($$$)$ Project X Net Cash Flows $($$$)$

$0-124,000-820,000-2,350,000$

$118,000320,0002,600,000$

$225,000260,0001,952,000$

$328,000190,000876,000$

$432,000140,000$

$525,000140,000$

$633,000$

$26.$ The payback period for Project A is $\_\_\_\_\_\_\_\_\_\_$ years.

$27.$ The payback period for Project B is $\_\_\_\_\_\_\_\_\_\_$ years.

$28.$ The payback period for Project C is $\_\_\_\_\_\_\_\_\_\_$ years.

$29.$ The IRR for Project A $($assuming a cost of capital of $7\mathrm{.}5\%)$ is $\_\_\_\_\_\_\_\_\%.$

$30.$ The IRR for Project B $($assuming a cost of capital of $7\mathrm{.}5\%)$ is $\_\_\_\_\_\_\_\_\%.$

$31.$ The IRR for Project C $($assuming a cost of capital of $7\mathrm{.}5\%)$ is $\_\_\_\_\_\_\_\_\%.$

$32.$ The NPV of Project A $($assuming a cost of capital of $7\mathrm{.}5\%)$ is $$\_\_\_\_\_\_\_\_.$

$33.$ The NPV of Project B $($assuming a cost of capital of $7\mathrm{.}5\%)$ is $$\_\_\_\_\_\_\_\_.$

$34.$ The NPV of Project C $($assuming a cost of capital of $7\mathrm{.}5\%)$ is $$\_\_\_\_\_\_\_\_.$