Given the project cash flows below, compute: A) IRR B) NPV at 10% rate C) Payback Period

year 1 = -$2,000

year 2 = 500

year 3 = 1,000

year 4 = 1,500

Will you undertake this project given that there is another project that will earn 15% over the 3-year period?

**AN EXCEL WILL DO**

**Initial cash outflow is for YEAR 1**