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Use the following to answer questions 36 & 37. Using a required rate of return of 12%. Year 1 Cash Flow $500, Year 2 Cash

Use the following to answer questions 36 & 37. Using a required rate of return of 12%. Year 1 Cash Flow $500, Year 2 Cash Flow $500, Year 3 Cash Flow $3000, Year 4 Cash Flow $3000, Year 5 Cash Flow $10000. Assuming a project cost of $9000, What is this project's NPV? Question 36 options: 1) $1,561 2) $12,000 3) $8,500 4) $3,000 . What is this projects payback period. Question 37 options: 1) 3.3 year 2) 5 years 3) 9 years 4) 4.2 years

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