Assuming the company requires a 9% return from its investments. Using net present value, determine which projects, if any, should be acquired.

Using the answer from part 1, is the internal rate of return higher or lower than 9% for Project C2.

M Connect M (no subject) - s Homework i Saved Phoenix Company can invest in each of three cheese-making projects: C1, C2, and C3. Each project requires an initial investment $288,000 and would yield the following annual cash flows. (PV of $1, FV of $1, PVA of $1, and EVA of $1) (Use appropriate factor( from the tables provided.) C1 C2 C3 Year 1 $ 32, 000 $116, 000 $200, 000 Year 2 128 , 000 116, 006 80, 000 Year 3 188 , 000 116, 000 08,000 Totals $348, 000 $348, 000 $348, 000 1. Assume that the company requires a 9% return from its investments. Using net present value, determine which projects, if any, should be acquired. 2. Using the answer from part 1, is the internal rate of return higher or lower than 9% for Project C2? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assume that the company requires a 9% return from its investments. Using net present value, determine which projects, if any, should be acquired. ( Negative net present values should be indicated with a minus sign. Round your present value factor to 4 decimals. Round your answers to the nearest whole dollar.) Project C1 Initial Investment Chart Values are Based on: i = % Year Cash PV Inflow X Present Factor Value 1 IN 2 11 11 Project C2 Initial Investment Year Cash Present nflow X PV Factor 2 3 11 11 11 Value Project C3 Graw Project C1 Initial Investment Chart Values are Based on: i= % Cash PV Present Year Inflow X Factor E Value 11 W N 11 11 Project C2 Initial Investment Year Cash PV Inflow X Factor E Present Value 1 2 3 Project C3 Initial Investment Year Cash PV Inflow X Present Factor 11 Value 2 3 11 11 Required 1 Required 2 >