Assume that the firm invests $105,000 today to get $24,000 at Year 1 (i.e. one year from now), $22,000 at Year 2, $25,000 at Year 3, $36,000 at Year 4, $23,500 at Year 5, $29,500 at Year 6. Whats the Net Present Value of this investment? Assume the Interest (discount) rate of 11.30%.

Question 3 Same facts as above: what is the (Non-Discounted) Payback Period for this project?

Question 4 Same facts as above: what is the Discounted Payback Period for this project?