American Rubber Company is planning to invest in a new assembly plant in Akron, Ohio. The plant requires an initial cash outlay of $100,000,000 dollars. Cash flows from operations are expected to be $30,000,000 every year for the next eight (8) years at which time the plant will be disposed generating a terminal cash Inflow of $20,000,000. If American Rubber Company's required rate of return for projects of similar risks is 18% 16 Calculate the project's Net Present Value a. 32,327,185 b 31,060,125 29,373,076 d 27,647,736 17 Calculate the project's Internal Rate of Return 27.25% b 26.13% 25.04% d 24.39% 18 Calculate the project's Payback Period a. 6.5 Years b 5.25 Years 3.33 Years d 2.25 Years a