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High-end amateur clubs that will take an initial investment of $673,000 at Time 0. Introduction of new product at Year 6 will terminate further
High-end amateur clubs that will take an initial investment of $673,000 at Time 0. Introduction of new product at Year 6 will terminate further cash flows from this project. Year NP-30 NX-20 012345 -$930,000-$673,000 341,000 264,000 331,000 272,000 306,000 254,000 299,000 234,000 209,000 182,000 Complete the following table: (Do not round intermediate calculations. Enter the IRR as a percent. Round your profitability index (PI) answers to 3 decimal places, e.g., 32.161, and other answers to 2 decimal places, e.g., 32.16.) NP-30 NX-20 NPV IRR $ 190,590.68 $ 233,472.94 19.44% 1.205 24.83% 1.347 What is the incremental IRR of investing in the larger project? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Incremental IRR %
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