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A project that costs $2,200 to install will provide annual cash flows of $720 for each of the next 5 years. a. Calculate the NPV
A project that costs $2,200 to install will provide annual cash flows of $720 for each of the next 5 years. |
a. | Calculate the NPV if the opportunity cost of capital is 10%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
NPV | $ |
b. | Is this project worth pursuing? | ||||
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c. | What is the project's internal rate of return IRR? (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
IRR | % |
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