Story Company is investing in a giant crane. It is expected to cost 4.0 million in initial investment and it is expected to generate an end of year cash flow of 5.0 million each year for three years. Calculate the NPV at 12% (approximately). 5.83 million 9.26 million 6.77 million 8.01 million Given the following cash flows for project Z: Co = -1,000, C1 = 600, C2 = 720 and C3 = 2000, calculate the discounted payback period for the project at a discount rate of 20%. 2.5 years 2 year 3 years 0 1 years