Question 1 Suppose you're presented with a proposal for a project that costs $4,200 and will bring in $20,600 the first year. The next year, you'll have to pay out $16,000. With a cost of capital of 13%, calculate the net present value (NPV) for this project. NPV = $ (Round your answer to the nearest cent.) Question 2 Compute the PI for each of the following projects. Round your answers to two decimal places. Project Net Investment PV (Cash Inflows) NPV ($) ($) A 354 451 97 B 717 780 63 C 148 193 45 45 D 1,035 924 -111 E 283 243 -40 Question 3 The Fitness Center is considering including a treadmill in this year's capital budget. The cash outlay for the treadmill is $1,170. The firm's cost of capital is 11.7%. After-tax cash flows, including depreciation, are as shown in the table below. Calculate the internal rate of return (IRR) for this project. Round your answer to two decimal places. End of Year Cash Flow ($) 1 285 2 285 3 285 285 5 285 IRR = %