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3) Francis Collie Corporation is considering the feasibility of investing $95,000 in Project X. The cash inflows of the project are as follows - (5+7+1+5)

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3) Francis Collie Corporation is considering the feasibility of investing $95,000 in Project X. The cash inflows of the project are as follows - (5+7+1+5) Year Cash Inflows ($) 1 20,000 2 25,000 3 30,000 4 35,000 5 40,000 The company has a 12% cost of capital. Calculate NPV and IRR of the project. Project should be accepted or rejected? Which technique is the best and why? Explain in short

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