INSTEAD OF when it says 5% each of the last 3 years, make it each of the last 5 YEARS not 3.

The division manager for XYZ corp has an opportunity to manufacture and sell 2 new products for a fiv year period. Her annual pay raises are determined by her division's returns on investment, which has exceeded 5% each of the last 3 years. She has computed the cost and revenue estimates for each product as follows (12 points): 1. Calculate the payback period for each product 2. Calculate the net present value for each product 3. Calculate the internal rate of return for each product The division manager for XYZ corp has an opportunity to manufacture and sell 2 new products for a fiv year period. Her annual pay raises are determined by her division's returns on investment, which has exceeded 5% each of the last 3 years. She has computed the cost and revenue estimates for each product as follows (12 points): 1. Calculate the payback period for each product 2. Calculate the net present value for each product 3. Calculate the internal rate of return for each product