The document discusses evaluating three different projects based on their cash flows and cost of capital information. It asks the net present value of a project with cash flows shown in a table and a cost of capital of 4%. It also asks for the payback period of that same project based on its cash flows. Finally, it provides information on four different projects - A, B, C, and D - and a capital budget limit of $1200, asking which project should be selected first.

1. A project has the cash flows shown in the table below. If the cost of capital is 4%, what is the
project's NPV? (a) $13(b)$47(c)$32 (d) $27 A project has the cash flows shown in the table
below. What is the project's payback period? (a) 2.43 years (b) 3.06 years (c) 4.05 years (d) 3.43
years You are choosing from the following projects, and your capital budget is limited to $1200.
Which project do you select first? (a) Project B (b) Prolect A (c) Project D (d) Project C