You are considering the purchase of an investment that would pay you $2,500 per year for Years 1-4, $1,900 per year for Years 5-7, and $1,500 per year for Years 8-10. If the investment costs you $18,000 and you require a 15 percent rate of return; 11. What is the project's Payback period? If you require a payback of 5 years, should you take this investment? A) 4.89 years, Yes C) 8.53 years, No B) 6.29 years, No D) 7.09 years, No 12. You are considering an investment with the following cash flows and your required rate of return is 8%. What is the project's MIRR? According to MIRR rule, should you take this investment? Year 0 2 3 Cash Flow -$51,976,58 $15,000 $15,000 $15,000 $15,000 A) 10.77%, yes C) 5,89%, no B) 9.10%, yes D) 6.79%, no 13. Which of the following statements is correct? A) Assuming a project has conventional cash flows, the NPV will be positive if the IRR is less than the cost of capital B) Generally, an independent project not acceptable by the NPV method will be acceptable by the IRR method. C) If IRR = k (the cost of capital), then NPV = 1. D) If NPV = 0, then PI = 1