A project will produce an operating cash flow of $15,000 a year for 8 years. The initial fixed asset investment in the project will be $49,000. The net aftertax salvage value is estimated at $11,000 and will be received during the last year of the project's life. What is the net present value of the project if the required rate of return is 12 percent?

Question 2 options:

	$29,957.31
	$31,155.60
	$32,353.90
	$31,754.75
	$30,556.46

Industrial Industries is considering a 4- year project. The project is expected to generate operating cash flows of $-10 million, $15 million, $35 million, and $50 million over the four years, respectively. It will require initial capital expenditures of $90 million dollars and an intitial investment in NWC of $28 million. The firm expects to generate a $15 million after tax salvage value from the sale of equipment when the project ends, and it expects to recover 100% of its nwc investments. Assuming the firm requires a return of 6% for projects of this risk level, what is the project's IRR?

Question 4 options:

	3.19%
	3.25%
	3.32%
	3.09%
	3.38%