5.c) Should Ferris Industries invest in the new equipment? Answer on the basis of your calculations. Calculate and interpret the following for the proposed investment, the after-tax: (7 marks)

i) Net present value

Click or tap here to enter text.

ii) Internal rate of Return (Hint: use Goal Seek function in Excel or trial and error method)

Click or tap here to enter text.

iii) Payback periods