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1)Consider a project that will cost $80,000 this year and is forecasted to earn $18,000 each year for the following 6 years. Assume a cost
1)Consider a project that will cost $80,000 this year and is forecasted to earn $18,000 each year for the following 6 years. Assume a cost of capital (discount rate) of 10%.
A- What's this project's NPV? Round to a whole dollar.
B-What's this project's PI? Round to two decimal places.
C-What's this project's IRR? Answer in percent, rounded to one decimal place.
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