What is the net present value of a project with the following cash flows if the required rate of return is 14 %? Year 0 1 Cash Flow -$42,5001 $10,5001 $21,400 $29,2001 2 3 $8,641.29 $2,886.30 $9,240.38 $1,004.15 O $3,788.44 Biannca plans to open a do-it-yourself dog grooming facility. Equipment will cost $160,000. Biannca expects the after-tax cash inflows to be $40,000 annually for seven years, after which the equipment will be scrapped, and she will retire to the beaches of Jamaica. Assume the required return is 10%. What is the project's NPV? $34,737 $45,001 $32,556 O $27,322 O $14,111 Suppose a project costs $300 and produces cash flows of $100 over each of the following six years. What is the IRR of the project? 38.1% 10.0% 34.9% There is not enough information; a discount rate is required 24.3%