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3 4 Green Energy Inc. is considerating a capital investment in solar panels. The procurement department has gathered the following data relevant to the

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3 4 Green Energy Inc. is considerating a capital investment in solar panels. The procurement department has gathered the following data relevant to the investment: 5 6 Initial investment $31,000 7 Net annual cash flows: Year 1 10,000 8 CO Year 2 20,000 Year 3 10,000 Year 4 10,000 Year 5 5,000 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 108 Green's required rate of return is 14%. PV factor @14%: Year 1 0.877 Year 2 0.769 Year 3 0.675 Year 4 0.592 Year 5 0.519 26 Given this data, calculate the following: Payback period in years NPV Profitability Index Should Green Energy invest?

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