Fill in the yellow cells using formulas everywhere applicable.

A D E F G H - J K L 3 B C The Investment Detective Project Free Cash Flows (in $ Thousands) Project Number 1 2 3 4 5 6 8 5 5 ($2,000) 8 ($2,000) $2,200 Initial Investment (@time 0) Year 1 2 3 4 5 6 ($2,000) $1.666 334 165 9 0 11 ($2,000) $330 330 330 330 330 330 330 1,000 ($2,000) $1,200 900 300 90 70 ($2,000) ($350) -60 60 350 700 1,200 2250 12 13 14 ($2,000) $160 200 350 395 432 440 442 444 446 448 450 451 451 452 -2,000 ($2,000) 280 280 280 280 280 280 280 280 280 280 280 280 280 280 280 15 16 17 18 19 20 21 22 23 54 05 26 27 28 8 9 10 11 12 13 14 15 10,000 $3,310 $2,165 $10,000 $3,561 $4200 $2200 $2,560 54,150 Sum of Cash Flow Benefits Excess of Cash Flow Over Initial Investment $1,310 $165 $8,000 $1,561 $2,200 $200 $560 $2,150 29 Net Present Value @ 10% Discount Rate 30 Net Present Value @ 12% Discount Rate 31 Net Present Value @ 15% Discount Rate 2 Internal Rate of Return (IRR) 33 Profitability Index (@10%) 34 Payback Period 35 Discounted Payback Period (@10%) 36 37 Equivalent Annual Annuity (@10%) Rank the Projects 1 st 2nd 3rd 4th 5th 6th 7th Explain your Rankings A D E F G H - J K L 3 B C The Investment Detective Project Free Cash Flows (in $ Thousands) Project Number 1 2 3 4 5 6 8 5 5 ($2,000) 8 ($2,000) $2,200 Initial Investment (@time 0) Year 1 2 3 4 5 6 ($2,000) $1.666 334 165 9 0 11 ($2,000) $330 330 330 330 330 330 330 1,000 ($2,000) $1,200 900 300 90 70 ($2,000) ($350) -60 60 350 700 1,200 2250 12 13 14 ($2,000) $160 200 350 395 432 440 442 444 446 448 450 451 451 452 -2,000 ($2,000) 280 280 280 280 280 280 280 280 280 280 280 280 280 280 280 15 16 17 18 19 20 21 22 23 54 05 26 27 28 8 9 10 11 12 13 14 15 10,000 $3,310 $2,165 $10,000 $3,561 $4200 $2200 $2,560 54,150 Sum of Cash Flow Benefits Excess of Cash Flow Over Initial Investment $1,310 $165 $8,000 $1,561 $2,200 $200 $560 $2,150 29 Net Present Value @ 10% Discount Rate 30 Net Present Value @ 12% Discount Rate 31 Net Present Value @ 15% Discount Rate 2 Internal Rate of Return (IRR) 33 Profitability Index (@10%) 34 Payback Period 35 Discounted Payback Period (@10%) 36 37 Equivalent Annual Annuity (@10%) Rank the Projects 1 st 2nd 3rd 4th 5th 6th 7th Explain your Rankings