Problem 7. Project K has a cost of $62,125, and its expected net cash inflows are $14,000 per year for 8 years a.' The cost of capital is 12%. what is the project's NPV? (3 points) b. What is the project's IRR? (3 points) Problem 8. Calculate the net presen t value of the following project for the discount rate of 15 percent. (6 points) Year 0 Cashflow -$34,000 20,000 9,000 9,000 2 Problem 9 The following project has not one but two IRRs. One is 10 percent. Estimate the other IRR. You must show aNPV profile and indicate at least three NPV points for this project. (7 points) Cashflow -$100 $230 -$132 Year