Question 1 (1 pont) Use the following information: A project creates incremental cash flows as the following. The cost of capital is 15%. This project costs $2 million. Use the NPV approach to determine whether we should accept this project. What is the Net Present Value of this project? 121,028.04121,028.04135,585.01135,585.01 What is the IRR of the project? 10.75%11.01%11.77%12.80% Question 3 (1 point) What is the modified IRR? 11.77%12.22%13.57%14.11% Question 4 (1 point) What is the Payback Period? 3.125 3.5 3.875 4 3.875 4 Question 5 (1 point) What is the Discounted Payback Period? 3.3 3.875 4 PV of cash flow not efficient to cover the initial cost Question 6 (1 point) What is the Profitability Index? 1 1.1 0.94