1. Central Mass Ambulance Service can purchase a new ambulance for $150,000 that will provide an annual net cash flow of $35,000 per year for six years. The required rate of return for this investment is 7 percent. c. what is the PI of the investment? d. What is the investment's payback period?

1. Central Mass Ambulance Service can purchase a new ambulance for $150,000 that will provide an annual net cash flow of $35,000 per year for six years. The required rate of return for this investment is 7 percent. a. What is the NPV of the investment? b. What is the IRR of the investment? c. What is the PI of the investment? d. What is the investment's payback period? e. Should you accept the project