A project has an initial cost of $50,000, expected net cash inflows of $10,000 per year for 9 years, and a cost of capital of 12%. 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.

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A project has an initial cost of $45,000, expected net cash inflows of $9,000 per year for 9 years, and a cost of capital of 10%. What is the project's IRR? Round your answer to two decimal places.

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A project has an initial cost of $70,000, expected net cash inflows of $15,000 per year for 10 years, and a cost of capital of 8%. 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.