Which of the following statements is true for a project with $20,000 initial cost, cash inflows of $5,800 per year for six years, and a discount rate of 15%?

Question 40 options:

	Its payback period is roughly 3 1/2 years.
	Its NPV is $2,194.
	Its IRR is 10.85%.
	Its profitability index is 0.109.