The Seattle Corporation has been presented with an investment opportunity which will yield cash flows of $30,000 per year in Years 1 through 4, $35,000 per year in Years 5 through 9, and $40,000 in Year 10. This investment will cost the firm $250,000 today, and the firm's required rate of return is 10 percent. Assume cash flows occur evenly during the year, 1/365th each day. What is the payback period for this investment? (show your work) Assume a project has normal (conventional) cash flows (i.e., initial cash flow is negative, and all other cash flows are positive). Which of the following statements is most correct? All else equal, a project's IRR increases as the required rate of return declines. All else equal, a project's IRR increases as the required rate of return increases All else equal, a project's NPV increases as the required rate of return declines. None of the above Suppose you invest $10,000 in asset A with an expected return of 15% and a $5000 in asset B with an expected rate of return of 9%. What is the expected return on the resulting portfolio. 13% 12% 14% 11% If an investment project (with conventional cash flows) has IRR equal to the cost of capital, the NPV for that project is: Positive Negative Zero Unable to determine