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5. A project that requires an initial investment of $42,000 will yield the following operating cash flows over its four-year useful life. The cost of
5. A project that requires an initial investment of $42,000 will yield the following operating cash flows over its four-year useful life. The cost of funding the $42,000 investment will be 21%. In the space below, complete the computation of the project's net present value. Operating Cash Flows Year 1 2 3 4 6,700 18,900 30,000 14,190 ge 6. What is the payaeck period of the project shown in problem 5, above? 7. What is the internal rate of return of the project shown in problem 5, above? 8. In no more that two (2) sentences, state why you would or would not recommend doing this project
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