Question
A project has the following cash flows: Year Cash Flow 0 $70,500 1 48,500 2 29,600 Requirement 1: What is the IRR for this project?
A project has the following cash flows:
Year Cash Flow
0 $70,500
1 48,500
2 29,600
Requirement 1: What is the IRR for this project? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)
Requirement 2: What is the NPV of this project if the required return is 4 percent? (Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places (e.g., 32.16).)
Requirement 3: What is the NPV of the project if the required return is 0 percent? (Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places (e.g., 32.16).)
Requirement 4: What is the NPV of the project if the required return is 21 percent? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g.,32.16).)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started