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A project that costs $3,700 to install will provide annual cash flows of $870 for each of the next 7 years. a. Calculate the NPV
A project that costs $3,700 to install will provide annual cash flows of $870 for each of the next 7 years. a. Calculate the NPV if the opportunity cost of capital is 11%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) NPV b. Is this project worth pursuing? Yes No 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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