Financial Analysis
An investment project has the following projected cash flows:
YearCash Flow ($)
0-$9,000,000
1$5,000,000
2$4,000,000
3-$500,000
Requirements:
1.Construct the NPV profile.
2.Determine the IRR.
3.Calculate the NPV at a 15% discount rate.
4.Decide whether to accept the project if the discount rate is 15%.