Crescent Company is considering a project with an initial investment of $601,500 that is expected to produce cash inflows of $129,000 for eleven years. Crescent's required rate of return is 8%. 14. 15. 16. What is the NPV of the project? What is the IRR of the project? Is this an acceptable project for Crescent? (Click on the icon to view Present Value of $1 table.) (Click on the icon to view Present Value of Ordinary Annuity of $1 table.) 14. What is the NPV of the project? (Enter the factor amount to three decimal places, X.XXX. Round the present value of the annuity to the nearest whole dollar. Use parentheses or a minus sign for a negative net present value.) Net Cash Inflow | Annuity PV Factor (i=8%, n=11) Present Value Years 1 - 11 Present value of annuity O Investment Net present value 15. What is the IRR of the project? Start by calculating the Annuity PV factor. (Enter the factor amount to three decimal places, X.XXX.) = Annuity PV factor The IRR of the project is 16. Is this an acceptable project for Crescent? This Van acceptable project for Crescent, because the NPV is an accepta V than zero and the IRR is than Crescent's required rate of return. Choose from any list or enter any number in the input fields and then continue to the next question. 0.233 Present Value of $1 Perious | | 2% | 3 | 4 | 5% | 6 | 7 | 88 | | 9% | 10% | 128 | 14| 15% | 16% | 18 | 20% 0.990 | 0.980 | 0.971 | 0.962 | 0.352 | 0.943 | 0.335 | 0.926 | 0.917 | 0.909 | 0.893 | 0.87 | 0.870 | 0.862 | 0.847 | 0.833 0.980 | 0.961 | 0.343 | 0.325 | 0.307 | 0.890 | 0.873 | 0.857 | 0.842 | 0.826 | 0.797 | 0.769 | 0.755 | 0.743 | 0.718 | 0.334 0.371 | 0.942 | 0.15 | 0.89 | 0.864 | 0.840 | 0.816 | 0.784 | 0.772 | 0.751 | 0.712 | 0.675 | 0.6588 | 0.541 | 0.50 | 0.579 0.961 | 0.324 | 0.88 | 0.855 | 0.823 | 0.792 | 0.763 | 0.735 | 0.708 | 0.683 | 0.536 | 0.592 | 0.572 | 0.552 | 0.516 | 0.482 0.951 | 0.906 | 0.863 | 0.822 | 0.784 | 0.747 | 0.713 | 0.681 | 0.50 | 0.821 | 0.567 | 0.519 | 0.497 | | 0.476 | 0.437 | 0402 0.342 0.888 | 0.837 0.790 | 0.746 | 0.705 | 0.566 | 0.630 | 0.596 | 0.564 | 0.507 | 0.456 | 0.432 0410 | 0.370 0.335 0.333 0.871 | | 0.813 0.760 | 0.711 0.665 0.623 | 0.583 0.547 | 0.513 | 0.452 | 0400 0.376 0.354 | | 0.314 0.279 0.323 0.853 | | 0.789 | 0.731 | 0.67 0.627 0.582 | 0.540 | 0.502 | 0.467 0404 0.351 0.327 0.305 | 0.266 0.314 | 0.837 || 0.766 | 0.703 | 0.45 | 0.592 0.544 | 0.500 | 0.460 | 0.424 | 0.361 0.308 | 0.284 0.263 | 0.225 0.194 0.305 | 0.820 0.744 | 0.576 | 0.614 | 0.558 | 0.508 | 0.463 0422 | 0.385 | 0.322 0.270 | 0.247 0227 | 0.181 0.162 0.896 | 0.804 | 0.722 | 0.50 | 0.585 | 0.527 | 0.475 | 0.429 | 0.38 | 0.350 | | 0.287 | 0.237 | 0.215 | 0.135 | 0.162 | 0.135 0.887 | 0.78 | 0.701 | 0.625 | 0.557 | 0497 | 0444 | 0.397 10.356 | 0.319 | 0.257 | 0.208 | 0.187 | 0.168 | 0.137 0.112 0.879 | 0.73 | 0.6881 | 0.501 | 0.530 | 0.469 | 2415 | 0.368 | 0.326 | 0.290 | 0.229 0.182 | 0.163 | 2.145 | 0.116 | 0.033 0.870 | 0.758 | 0.661 | 0.577 | 0.505 | 0.442 | 0.388 | 0.340 | 0.299 | 0.263 | 0.205 | 0.150 | 0.141 | 0.125 | 0.099 | 0.073 | 0.743 | 0.542 | 0.555 | 0.481 | 0.417 | 0.362 | 0.315 10275 | 0.239 | 0.183 | 0.140 | 0.123 | 0.108 | 0.084 | 0.065 0.853 0.534 | 0.458 | 0.384 | 0.333 | 0.292 | 0.252 0.218 | 0.163 | 0.123 0.107 0.033 | | 0.071 0.054 0.844 0.714 | 0.505 0.513 | 0.317 | 0.270 0.231 0.198 | | 0.146 | 0.108 0.033 0.080 0.050 0.045 0.836 | 0.700 | 0.587 | 0.494 | 0416 | 0.350 10.296 | 0.250 0.212 | 0.180 | 0.130 | 0. 05 | 0.081 0.069 | 0.051 0.038 0.828 | 0.585 10.570 | 0.475 | 0.396 | 0.331 | 0.27 | 0.232 | 0.194 0.164 | 0.116 | 0.083 | 0.070 | | 0.060 | 0.043 0.031 0.820 | 0.673 | 0.554 | 0456 | 0.37 | 0.312 | 0.258 | 0.215 0.178 0.149 | 0.104 | 0.073 | 0.051 | 0.051 | 0.037 | 0.026 0.811 0.650 0.538 0.439 | 0.359 | 0.234 0.242 | 0.199 0.164 | 0.135 | 0.093 | 0.054 0.053 0.044 | 0.031 0.022 0.803 0.647 0.522 0.422 | 0.342 0.278 0.226 | 0.184 0.150 0.123 0.083 | 0.056 0.046 0.038 | 0.026 0.018 0.795 0.634 | 0.507 0.406 | 0.326 0.252 0.211 | 0.170 0.138 | 0.112 | | 0.074 | 0.049 0.040 0.033 | | 0.022 0.015 0.788 0.622 | 0.492 | 0.380 | 0.310 | 0.247 0.137 | 0.153 | 0.126 0.102 | 0.066 | 0.043 | 0.035 10.028 | 0.019 0.013 0.810 0.478 0.375 | 0.255 10.233 | 0.184 | 0.146 0.116 | 0.032 | 0.059 | 0.038 | 0.030 0.024 | 0.016 0.010 0.772 | 0.588 | | 0464 | 0.361 | 0.281 | 0.220 | 0.172 | 0.135 | 0.106 | 0.084 1 0.053 | 0.033 | 0.026 | 0.021 | 0.014 | 0.009 0.764 | 0.586 | 0450 | 0.347 | 0.268 | 0.207 | 0.161 | 0.125 0.038 | 0.076 | 0.047 | 0.029 | 0.023 | 0.013 | 0.011 | 0.007 0.757 0.574 | 0437 0.333 | 0.255 | 0.196 | 0.150 | 0.116 | 0.030 | 0.069 | 0.042 | 0.026 | 0.020 | | 0.016 | 0.010 0.006 0.749 0.553 | 0.424 0.321 | 0.243 | 0.185 | 0.141 | 0.107 | 0.082 | 0.063 | | 0.037 | 0.022 | 0.017 | 0.014 | | 0.008 0.005 0.742 0.552 0.412 0.303 | 0.231 | 0.174 | 0.131 | 0.099 0.075 0.057 | 0.033 | 0.020 0.015 | 0.012 ) | 0.007 0.004 0.672 0.453 0.307 0.208 | 0.142 | 0.097 | 0.067 0.046 0.032 | 0.022 | 0.011 || 0.005 | 0.004 | 0.001 0.001 0.861 0.28 10.673 45678gonQBTB9www 0.780 0.003 | 2.174 2.690 3605 3.498 4564 7786 5.421 4.910 Present Value of Ordinary Annuity of $1 | Periodes | 1% | 2% | 3% | 4% | 5% | 6% | 7% | 8% | 9% | 10% | 12% | 14% ] 15% | 16% | 18% | 20%, 0.990 | 0.980 | 0.971 | 0.962 | 0.952 | 0.943 | 0935 | 0926 | 0917 | 0909 || 0.893 | 0.877 | 0.870 | 0.862 0.847 | 0.833 1.970 | 1.942 | 1.913 1.886 | 1.859 | 1.833 | 1.808 | 1.783 | 1.759 | 1.736 1.590 1.547 | 1.526 | 1.605 1.566 1.528 2941 | 2.884 | 2.829 2.775 | 2.723 2.673 2.624 | 2.577 || 2.531 | 2487 2402 2.322 | 2283 | 2.246 2.106 3.902 | 3808 | | 3717 3.630 | 3.546 3.465 3.387 | 3.312 | 3.240 | 3.170 3.037 2914 | 2.855 | 2.798 2.588 4.353 | 4.713 14.580 4.452 | 4.329 4.212 14.100 | 3.993 3.890 3.791 3.433 3.352 3.274 3.127 2.991 5.795 | | 5.601 5.417 5.242 | 5.076 14.917 14.767 | 4.623 | | 4.486 14.355 3.888 3.784 3.326 6.723 | 6.472 6.230 6.002 | 5.786 5.582 15.388 5.206 5.033 14.868 4.28 4.160 3812 3.605 7.652 | 7.325 7.020 6.733 | 6.463 6.210 15.971 5.747 5.535 15.335 4.639 4.437 4.078 3.837 8.566 | 8.162 | 7435 | C.108 6.802 6.515 6.247 5.995 | 5759 5328 4.946 4.72 4.303 4.031 9471 | 8.983 8.530 8.111 | 7.722 7.360 7.024 6.710 | 6.418 | 6.145 5.550 5.216 | 15.019 4.494 4.192 10.368 | 9.78719253 | 8.760 | 8.306 7.887 7499 C139 | 6.805 | 6.495 5938 5.453 5.234 5.029 4.656 4.327 11.255 | 10.575 | 9954 9.385 | 8.863 8.384 7.943 1.536 | 1.161 | 6814 6.194 5.660 4.793 4.439 12 134 | 11.348 | 10.635 | 9.986 | | 9.394 8.853 3.358 7.904 | 7.487 | 1.103 6.424 5.842 5.583 5.342 4.533 13.004 | 12 106 | 11.296 | 10.563 | 9.899 9.295 18.745 | 8.244 | 7.786 | 7.367 6.628 6.002 | 15.724 5.468 5.008 4.611 13.865 12.849 | 11.938 | 11.118 | 10.380 19.712 19.108 | 3.559 | 8.061 | 7.506 6911 6.142 15.847 5.575 4.675 13.578 | 12.561 | 11.652 | 10 838| | 10.106 | 9447 | 18.851 | | 8.313 | 1824 6.974 6.265 15.954 4.730 15.562 14.292 | 13.166 | 12.166 11.274 | 10.47 19763 9.122 | 3.544 | 8.022 7.120 6.373 6.047 5.749 4.775 16.398 14.992 | 13.754 | 12.659 | 11.690 10.828 10.059 | 9.372 | 3.756 8.201 7.250 6.467 | 6.128 5.818 | 5.273 4.812 17.226 15.678 | 14.324 | 13.134 12.085 | 11.158 10.336 | 9.604 | 8.950 8.365 7.366 16.550 | 6.198 | 5.877 | 5.316 4.844 18.046 16.351 | 14.377 | 13.590 12.462 1.470 10.594 | 9.818 | 9.129 8.514 7.469 6.623 | 6.259 | 5.929 15.353 4.870 18.857 | 17.011 | | 15.415 | 14.029 12.821 11.764 1836 | 10.017 | 9292 8.549 7.562 6.687 | 6.312 | 5.973 5.384 4.891 19.660 | 17.658 | 15.937 | 14.451 13.163 | 12042 11.061 | 10.201 | | 9442 8.772 2.645 6.743 | 6.359 6.011 5.410 4.909 20.456 | 18.292 | 16.444 | 14.857 | 13.489 | 12.303 272 | 10.371 | 9.580 8.883 7.718 6.792 | 6.399 16.044 5.432 4.925 21.243 | 18.914| 16.936 | 15 247113.79 | 12550 11 4690529 | 10.529 | 9.707 | 8.985 7.784 6.35 | 6.434 | 6.073 5.451 4.937 22.023 | 19.523 | 17.413 | 15.622 | 14.094 12.783 | 10.675 | 9823 | 9.077 7.843 6.373 | 6.464 || | 6.097 5.467 4.948 22.795 | 20.121|1.877 | 15.983 | 14.375 13.003 826 | 10.810 | 9929 19.161 7.896 | 6.906 | 6.491 6.118 | 5.480 | 20.707 | 18.327 | 16.330 13.211 11.987 | 10.935 | 10.027 | 9.237 7.943 16.935 | 6.514 | 6.136 5.492 4.964 24.316 21.281 | 18.764 | 16.663 | 14.898 | 13.406 12.137 | 11.051 | 10.116 | 9.307 17.984 6.961 | 6.534 | 6.152 | 5.502 4.970 25.066 21.844 | 9.188 | 16.984 | 15.141 | 13.591 12.278 | 11.158 | 10 198 | 9.370 18.022 6.983 | 6.551 | 6.166 | 5.510 4.975 25.808 22.396 | 19.600 | 17.292 | 15.372 13.765 12.409 | 1.258 | 10.274 | 9427 8.055 17.003 | 6.566 | 6.177 | 5.517 4.979 32.35 | 27.35 | 23.15| 19.793 | 17.159 | 15.046 | 13.32 | 11.925 | 10.757 | 9.779 | 3.24 | 7.105 | 6.642 | 6.233 | 5.548 4.997 5.092 14.715 5.162 3 4 5 678 somwww84