FastTrack Bikes, Inc. is thinking of developing a new composite road bike. Development will take six years and the cost is $200,000 per year. Once in production, the bike is expected to make $300,000 (after expenses) per year for 10 years. The cash inflows begin at the end of year 7.

If the firm's required rate of return increased, what would be the impact on each of the values and WHY FOR EACH, please?

NPV, IRR, Payback period, PI??

Thank you!