A $4 million investment today, in a project to last 10 years, is believed to result in the following incremental cash flows:

• annual increase in sales of $2,100,000
• operating expenses will be 50% of sales
• there is a $30,000 NWC investment associated with this project that is fully recovered at the end of the project's life
• assets purchased for this project are depreciated to zero value using straight-line over the project's complete life
• market value of assets at end of life are expected to be $50,000
• firm's marginal tax rate is 32%
• required return on the project is 12% compounded annually

What is the NPV of this project?

What is the IRR of the above project?

What is the profitability index of the above project?

What is the payback period of the above project?