Calculate the net present value (NPV) for the following twenty-year projects.

Calculate the net present value (NPV) for the following twenty-year projects. Comment on the acceptability of each. Assume that the firm has an opportunity cost of 14%. a. Initial cash outlay is % 15,000; cash inflows are % 13,000 per year. b. Initial cash outlay is % 32,000; cash inflows are % 4,000 per year. c. Initial cash outlay is % 50,000; cash inflows are % 8,500 per year.