Question
A project has an initial cost of $65,725, expected net cash inflows of $14,000 per year for 12 years, and a cost of capital of
A project has an initial cost of $65,725, expected net cash inflows of $14,000 per year for 12 years, and a cost of capital of 10%. 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.
$
A project has an initial cost of $38,675, expected net cash inflows of $13,000 per year for 11 years, and a cost of capital of 11%. 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.
A project has an initial cost of $53,700, expected net cash inflows of $14,000 per year for 7 years, and a cost of capital of 12%. What is the project's payback period? Round your answer to two decimal places.
years
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