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EC300 Homework 7 (Due date: Tuesday, November 3) Consider an investment that costs $100,000 and has a cash inflow of $25,000 every year for 5

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EC300 Homework 7 (Due date: Tuesday, November 3) Consider an investment that costs $100,000 and has a cash inflow of $25,000 every year for 5 years. The required retum is 9% and required payback is 4 years. What is the payback period? What is the NPV? What is the TRR Note: Please complete this homework assignment on Excel and hand in the spreadsheet with your answers and formulas. Should we accept the project? Explain your reasons

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