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A project has the following cash flows. Year 0: -$60,000 Year 1: $20,000 Year 5: -$10,000 Year 10: $100,000 Suppose that your required return is
A project has the following cash flows.
Year 0: -$60,000
Year 1: $20,000
Year 5: -$10,000
Year 10: $100,000
Suppose that your required return is 10%
A) What is the NPV? Good investment or not?
B) What is the PI? Good investment or not?
C) List the formula of IRR
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