chapter 10.6

Question 1 1 pts A company just paid $10 million for a feasibility study. If the company goes ahead with the project, it must immediately spend another $98,255,698 million now, and then spend $20 million in one year. In two years it will recelve $80 million, and in three years it will receive $90 million. If the cost of capital for the project is 11 percent, what is the project's NPV? Question 2 1 pts A compary just paid $10 million for a feasibility study. If the company goes ahead with the project. It must immediately spend another $100 million now, and then spend $20 million in one year in two years it will receive 580 million, and in three years it will receive 590 million. If the cost of capital for the project is 11 percent, what is the project's IRR? % terms to 2 decimal places and without the sign