9:24 PM Sat Apr 20 Done < > AA Homework: Time Value of Money and CVP ... i 4 2 10 points eBook Project C2 ezto.mheducation.com || | || Initial Investment Hint Cash PV Year Inflow Factor 1 Print 2 3 References Mc Graw Hill II = = Saved Present Value < Prev 4 of 5 Next > Help Save & Exit Submit 5 Check my work LTE 9:23 PM Sat Apr 20 Done < > AA ezto.mheducation.com Homework: Time Value of Money and CVP ... i Saved 10 4 Help Save & Exit Submit 5 Check my work Phoenix Company is considering investments in projects C1 and C2. Both require an initial investment of $276,000 and would yield the following annual net cash flows. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Net cash flows points Year 1 Year 2 Year 3 Totals Project C1 $ 28,000 124,000 184,000 Project C2 $ 112,000 112,000 112,000 $ 336,000 $ 336,000 eBook Hint a. The company requires a 9% return from its investments. Compute net present values using factors from Table B.1 in Appendix B to determine which projects, if any, should be accepted. b. Using the answer from part a, is the internal rate of return higher or lower than 9% for (i) Project C1 and (ii) Project C2? Print References Mc Graw Hill Complete this question by entering your answers in the tabs below. Required A Required B The company requires a 9% return from its investments. Compute net present values using factors from Table B.1 in Appendix B to determine which projects, if any, should be accepted. (Negative net present values should be indicated with a minus sign. Round your present value factor to 4 decimals. Round your answers to the nearest whole dollar.) Project C1 Initial Investment Chart Values are Based on: i = % Year Cash Inflow 1 2 3 PV Factor = Present Value < Prev 4 of 5 Next >