1. A project has an initial cost of $50,000, expected net cash inflows of $11,000 per year for 9 years , and a cost of capital of 14%. What is the project's NPV? ( Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to the nearest cent.
2. A project has an initial cost of $40,000, expected net cash inflows of $11,000 , per year for 9 years, and a cost of capital of 14%. What is the project's MIRR? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places.
3. A project has an initial cost of $50,000, expected net cash inflows of $9,000 per year for 11 years, and a cost of capital of 12%. What is the project's PI? (Hint: Begin by constructing a time line) Do not round intermediate calculations. Round your answer to two decimal places.