The following set of cash flows

Year cash flow

0 (9,200)

1 5,800

2 4,100

3 5,300

1. What is the NPV at a discount rate of 0 percent?

   1. (a) 6,000.00
   2. (b) 6,180.00
   3. (c) 6,300.00
   4. (d) 5,700.00
   5. (e) 5,820.00

2. What is the NPV at a discount rate of 12 percent?

   1. (a) 3,019.50
   2. (b) 3,110.09
   3. (c) 3,170.48
   4. (d) 2,868.53
   5. (e) 2,928.92

3. What is the NPV at a discount rate of 25 percent?

   1. (a) 777.60
   2. (b) 800.93
   3. (c) 816.48
   4. (d) 738.72
   5. (e) 754.27

4. What is the NPV at a discount rate of 30 percent?

   1. (a) 99.95

   2. (b) 102.95

   3. (c) 104.95

   4. (d) 94.96

   5. (e) 96.96