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A) You have the following information on a project's cash flows. The cost of capital is 12.1% Year Cash flows 0 -$116,000 1 23,000 2
A) You have the following information on a project's cash flows. The cost of capital is 12.1%
Year | Cash flows |
0 | -$116,000 |
1 | 23,000 |
2 | 23,000 |
3 | 31,000 |
4 | 32,000 |
5 | 50,000 |
The NPV of the project is $____. Round to two decimal places.
B) You have the following information on a project's cash flows.
Year | Cash flows |
0 | -$111,000 |
1 | 24,000 |
2 | 31,000 |
3 | 32,000 |
4 | 48,000 |
5 | 55,000 |
The project's payback is ____ years. Round it to two decimal places.
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