eBook NPV A project has an initial cost of $60,000, expected net cash inflows of $14,000 per year for 6 years, and a cost of capital of 9%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to the nearest cent. $ 1 NPVS, IRRs, and MIRRs for Independent Projects Edelman Engineering is considering including two pieces of equipment, a truck and an overhead pulley system, in this year's capital budget. The projects are independent. The cash outlay for the truck is $17,100, and that for the pulley system is $22,430. The firm's cost of capital is 14%. After-tax cash flows, including depreciation, are as follows: Year Truck Pulley $5,100 $7,500 5,100 7,500 3 5,100 7,500 5,100 7,500 5 5,100 7,500 Calculate the IRR, the NPV, and the MIRR for each project, and indicate the correct accept/reject decision for each. Do not round intermediate calculations. Round the monetary values to the nearest dollar and percentage values to two decimal places. Use a minus sign to enter negative values, if any. 2 4 Truck Pulley Value Decision Value Decision IRR % Accept % Accept 10.68 $ 25.41 $ 7036 X NPV Accept Accept 616 MIRR 11.26 % Accept 18.96 % Accept