Question
1. A project has annual cash flows of $5,000 for the next 10 years and then $9,500 each year for the following 10 years. The
1. A project has annual cash flows of $5,000 for the next 10 years and then $9,500 each year for the following 10 years. The IRR of this 20-year project is 13.23%. If the firm's WACC is 12%, what is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
2. Project L requires an initial outlay at t = 0 of $45,000, its expected cash inflows are $9,000 per year for 9 years, and its WACC is 12%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.
3. Project L requires an initial outlay at t = 0 of $69,645, its expected cash inflows are $12,000 per year for 10 years, and its WACC is 14%. What is the project's IRR? Round your answer to two decimal places.
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