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15. Your company has a proposed Capital Investment that has a 3-year useful life. Make up your own data in the following format: Original

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15. Your company has a proposed Capital Investment that has a 3-year useful life. Make up your own data in the following format: Original Cost of Investment: S?????? Residual Value (must be greater than 0 to receive credit): S????? Year one Net Annual Cash Flow: S????? Year two Net Annual Cash Flow (must be different than year 1): S????? Year three Net Annual Cash Flow: S????? Minimum acceptable Rate of Return (choose 6%,10%,12%, or 15%): Annual Net Income $????? ??% Use the following Present Value of S1 table for parts a, and b: 3 a) Calculate the Net Present Value (NPV) of your investment. Please indicate "positive (+)", or "negative (-)" with your answer). b) Calculate the Present Value Index of your investment (round to 0.00). c) Calculate the Cash Payback Period of your Investment (round to 0.0 years). If it is greater than 3 years write "3 years" d) Calculate your investment's Average Rate of Return (round to 00.0%). e) Based on your calculations above, is your investment's Internal Rate of Return (IRR) greater or less than your Minimum acceptable Rate of Return? Explain why.

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