Question 2 1 pts Your firm has estimated the following cash flows for a capital investment project. The firm's required rate of return is 12%. Which of the following is closest to the payback period for the project? Cash Flow -$136,000 at time 0 43,350 at year 1 43,350 at year 2 43,350 at year 3 43,350 at year 4 43,350 at year 5 O 3.5 years 2 years 3 years O 2.5 years 4 years Question 3 1 pts If the profitability index is less than 1, which of the following statements is correct? the IRR is greater than the cost of capital the NPV is 0 the NPV is positive o the NPV is also equal to 1 o the NPV is negative 3 Question 4 1 For a typical capital budgeting project, if the NPV is positive then the IRR is: O equal to zero o less than the required return O equal to the required return O greater than the required return difficult to determine