dont use hand-writing

9. Cranston Corporation invests $45,000 in a project that yields the following cash flows at the end of each year for 4 years. The cost of capital is 9%. Year 1 2 3 4 Cash Flow $18000 $20000 $26000 $30000 a) Find the NPV of the cash flow. (5 points) b) Find the profitability index (Pl). (2 points) c) Set up the equation for finding the IRR. Your equation should contain the symbol IRR. You need not find the actual numerical value of the IRR. (3 points) d) Find the undiscounted payback period. (2 points)