Q14 (i) What is the payback period of the project? (5 pts)) Show your work below (A) 2.6 year (B) 2.7 year (C) 3.0 year (D) 2.4 year (E) 2.8 year Q 14 (ii) What is the IRR of the project? (5pts)) Show your work below (A) 14 % (B) 16 % (C) 20% (D) 24% (E) 26% Q 14 (iii) What is the NPV of the project? (5 pts.) Show your work below (A) $995 (B) $1050 20.2 (C) $1075 (D) $1080 (E) $1090 weletWef LCI- TE re t DEIP (C) 12% 0EtP 7 0tEtp (D) 5.4% (E) 10% Q#14 Based on the following information, please answer the following: The director of capital budgeting for Green Giant Inc. has identified an independent project with following expected net cash flows. The cost of capital is estimated to be 14 percent. Cash flows Year (S5,000) S 2,085 $ 2,085 S 2,085 $ 2,085 0 1 2 3 4