Given the following cash flow of Project L-2, draw the NPV profile.

Hint:

Be sure to use a discount rate of zero for one intercept

(y-axis)

and solve for the IRR for the other intercept

(x-axis).

Year 0equals=minus$290 comma 000290,000
Year 1equals=$41 comma 00041,000
Year 2equals=$78 comma 00078,000
Year 3equals=$110 comma 000110,000
Year 4equals=$131 comma 000131,000