6c1

A project has an initial outlay of $2,154. It has a single cash flow at the end of year 8 of $4,834. What is the internal rate of return (IRR) for the project?

Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box)

6b1

Find the net present value (NPV) for the following series of future cash flows, assuming the companys cost of capital is 14.71 percent. The initial outlay is $497,926.

Year 1: 191,502

Year 2: 142,891

Year 3: 195,582

Year 4: 153,440

Year 5: 158,755

Round the answer to two decimal places.