QUESTION 2 Concord Company has assigned a discount rate of 14 percent to a new project that has an initial cost of $490,000 and cash flows of $130,000, $135,000, $140,000, $145,000, $150,000, and $155,000 for Years 1 to 6, respectively. What are the NPV and IRR of this project? NPV=$43.267.42; IRR=17.26% NPV=$56,782.07: IRR 17.26% NPV=$56,782.07, IRR=18.01% NPV=$43,267.42; IRR=18.01% NPV=$56.782.07; IRR=18.69% NPV=$43,267.42; IRR=18.69% QUESTION 3 Assume an equipment costs $367,000 and lasts ten years before it is replaced. The operating cost is $75,400 a year. Ignore taxes. What is the equivalent annual cost (EAC) if the required rate of return is 14 percent? $152,813 $145,759 $138,246 $131,430 $124,852 $117.094