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Calculate NPV & IRR for the following project Year 2014 2015 2016 2017 2018 Project 1 -$1000 $400 $400 $400 $350 Project 2 -$1000 $600
Calculate NPV & IRR for the following project
Year | 2014 | 2015 | 2016 | 2017 | 2018 |
Project 1 | -$1000 | $400 | $400 | $400 | $350 |
Project 2 | -$1000 | $600 | $500 | $300 | $200 |
Project 3 | -$1000 | $200 | $300 | $500 | $600 |
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Calculate NPV and IRR for each project in the above table. The discount rate for the three projects is 10%.
Based on your calculations, which project you will choose?
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