to zero. e. makes the PV of the future cash flows c. makes the NPV negative. greater than zero. d. makes the NPV positive. f. a and b are both correct . 8. Lew Iss See Kay LLP (LISKL) is currently evaluating an investment in a new comedy club. The club is expected to last for 4 years and generate a CF1 = $11,000, CF2 = $9,680, CF3 = $10,648, and CF4 = $58,564. The initial outlay is $20,000. Using a required return of 10%, calculate the discounted payback period for LISKLs comedy club. (All answers below are expressed in years.) a. 2.19 b. 2.25 c. 2.00 d. 1.93 e. 3.00