1a. For the next four questions, consider Project Teardown. Your company is considering purchasing a disused amusement park to dismantle the rides and buildings for scrap. At the end, your company would sell the land and remaining equipment and close the project.

Year	Est Cash Flow (in $thousands)
0 (today)	-$2,500
1	-$500
2	$1,250
3	$2,100
4	$2,400
5	$500

Required rate of return = 13%

1. What is Project Teardown's net present value?

2. Please refer to the cash flow schedule in question 1a. What is Project Teardown's Internal Rate of Return (IRR)?

3. Please refer to the cash flow schedule in question 1a. What is Project Teardown's Traditional Payback Period in years?

4. Please refer to the cash flow schedule in question 1a. That is Project Teardown's Discounted Payback Period in years?