Verizon 9:06 AM instructure-uploads.s3.amazonaws.com 100%- Computing Net Present Value, Internal Rate of Return, and Payback Period-Questions 15-20 FasTrac is considering investing in a Project A and Project B which will require an initial investment of S16,000. Assume FasTrac requires a 11% annual return. The expected annual cash inflows are as follows: Project A 1$3,000 2 $4,000 3 $4,000 4 $4,000 5 S5,000 6 S3,000 7$2,000 8 $2,000 Project B S4,000 4,000 S4,000 $4,000 $4,000 4,000 S4,000 $4,000 15. What is the NPV for Project A? A. $1,735.85 B. S1,911.23 C. $2,235.67 D. $2,366.95 16. What is the IRR for Project A? A. 12.25% B. 14.47% C. 16.25% D. 18.30% 17. What is the payback period for Project A? A. 3.5 years B. 3.75 years C. 4.0 years D. 4.2 years 18. What is the NPV for Project B? A. $4,154.35 B. $4,425.93 C. $4,584.49 D. $4,750.35 19. What is the IRR for Project B37 A. 18.62% B. 16.58% C. 14.35% D. 12.10% 20. What is the payback period for Project B? A. 3.5 years