1- A project has an initial cost of $69,175, expected net cash inflows of $9,000 per year for 7 years, and a cost of capital of 14%. What is the project's PI? Do not round your intermediate calculations. Round your answer to two decimal places.

2-A project has an initial cost of $53,950, expected net cash inflows of $10,000 per year for 8 years, and a cost of capital of 13%. What is the project's payback period? Round your answer to two decimal places.

3-

The Pinkerton Publishing Company is considering two mutually exclusive expansion plans. Plan A calls for the expenditure of $44 million on a large-scale, integrated plant that will provide an expected cash flow stream of $6 million per year for 20 years. Plan B calls for the expenditure of $14 million to build a somewhat less efficient, more labor-intensive plant that has an expected cash flow stream of $2.7 million per year for 20 years. The firm's cost of capital is 9%.

Calculate each project's NPV. Round your answers to the nearest dollar.

Project A	$
Project B	$

Calculate each project's IRR. Round your answers to two decimal places.

Project A	%
Project B	%

Set up a Project by showing the cash flows that will exist if the firm goes with the large plant rather than the smaller plant.

Year	Project Cash Flows
0	$
1-20	$

What is the NPV for this Project ? Round your answer to the nearest dollar.

$

What is the IRR for this Project ? Round your answer to two decimal places. %