# -\$287.22 -\$177.62 \$177.62 \$204.36 \$287.22 You are considering the following two mutually exclusive projects.

-\$287.22 -\$177.62 \$177.62 \$204.36 \$287.22 You are considering the following two mutually exclusive projects. What is the net present value of a project with the following cash flows and a required return of 12 percent? A project has an initial cost of \$1,900. The cash inflows are \$0, \$500, \$900, and \$700 over the next four years, respectively. What is the payback period? 2.71 years 2.98 years 3.11 years 3.71 years never Yancy is considering a project which will produce cash inflows of \$900 a year for 4 years. The project has a 9 percent required rate of return and an initial cost of \$2,800. What is the discounted payback period? 10. A project has an initial cost of \$38,000 and a four-year life. The company uses straight-line depreciation to a book value of zero over the life of the project. The projected net income from the project is \$1,000, \$1,200, \$1,500, and \$1,700 a year for the next four years, respectively. What is the average accounting return? A. 3.55 percent b. 4.