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Island Adventures, Inc. is considering investing in a new boat for taking tourist on trips around the islands. The new boat will require a net

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Island Adventures, Inc. is considering investing in a new boat for taking tourist on trips around the islands. The new boat will require a net initial investment of $188,000 and the expected annual net cash inflows are given below. The firm's cost of capital is 12%. Boat Project Year Cash Flow 1 $30,000 2 $30,000 3 $30,000 4 $40,000 5 $40,000 6 $40,000 7 $40,000 8 $40,000 9 $40,000 What is the NPV for the investment?: What is the IRR for the investment?: What is the Profitability Index for the investment?: . s the project acceptable

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