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9. The capital budgeting director of Sparrow Corporation is evaluating a project that costs $200,000, is expected to last for 10 years and produce cash

image text in transcribed 9. The capital budgeting director of Sparrow Corporation is evaluating a project that costs $200,000, is expected to last for 10 years and produce cash flows of $44,503 per year. What is the project's IRR? A. 12% B. 18% C. 8% D. 14% E. 5% 10. If the required return on the project given in Question \#9 is 8.5%, compounded weekly, what is the Profitability Index of this project? A. 1.44 B. 1.46 C. 1.58 D. 1.60 E. 1.63

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