Question #1: Compute the PI statistic for Project Z if the appropriate cost of capital is 6 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project Z Time: 0 1 2 3 4 5 Cash flow $3,200 $710 $840 $1,010 $660 $460 Question #2: Compute the IRR static for Project E. The appropriate cost of capital is 8 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project E Time: 0 1 2 3 4 5 Cash flow $1,300 $470 $570 $580 $360 $160 Question #3: Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is 8 percent, and that the maximum allowable payback and discounted payback statistics for the project are 2.5 and 3.5 years, respectively. Time: 0 1 2 3 4 5 6 Cash flow $4,600 $1,120 $2,320 $1,520 $1,520 $1,320 $1,120 Use the payback decision rule to evaluate this project. (Round your answer to 2 decimal places.) Payback __________________years? Question #4: Compute the discounted payback statistic for Project C if the appropriate cost of capital is 8 percent and the maximum allowable discounted payback period is three years. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project C Time: 0 1 2 3 4 5 Cash flow $2,100 $920 $810 $850 $520 $320 Discounted payback period _______________________ years