QUESTION 9 Year 1 Year 2 Year 3 Year 4 $-20,000 $225,000 $275,000 $200,000 The Wireless Rain (WIR) Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $300,000 in year 0. The company expects cash inflows from this project as detailed below: The appropriate discount rate for this project is 10%. The net present value (NPV$) for this project is closest to Round to the nearest whole number QUESTION 10 Random Walk Theory is best described by the following statement: Future stock prices are dependent upon previous prices The path that a stock's price follows cannot be determined from historical price information, especially in the short term New stock information is announced in a regular and predictable manner by the 24-hour news media None of the above statements describes the Random Walk Theory