Question
1. A project has an initial cost of $74,475, expected net cash inflows of $9,000 per year for 8 years, and a cost of capital
1. A project has an initial cost of $74,475, expected net cash inflows of $9,000 per year for 8 years, and a cost of capital of 12%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.
2. A project has an initial cost of $46,800, expected net cash inflows of $10,000 per year for 6 years, and a cost of capital of 13%. What is the project's PI? Do not round your intermediate calculations. Round your answer to two decimal places.
3. A project has an initial cost of $45,875, expected net cash inflows of $13,000 per year for 7 years, and a cost of capital of 13%. What is the project's payback period? Round your answer to two decimal places.
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