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Kicking It Corp. is planning to open a football camp in Arizona, which will require a land purchase and facilities development that includes fields, sleeping

Kicking It Corp. is planning to open a football camp in Arizona, which will require a land purchase and facilities development that includes fields, sleeping and dining facilities, maintenance equipment and other capital expenditures. Each year, the camp will run for eight one-week sessions. The company will also incur operational expenses.

The estimates in the following table have been shared with company leadership and investors:

Estimated Figures

Item

Amount

Land $300,000
Facilities $600,000
Annual Cash Flow (150 total yearly players' fees) $920,000
Annual Cash Outflows $840,000
Estimated Useful Life of Facilities 20 years
Facilities Salvage Value $1,500,000
Discount Rate 8%

calculate the following for the project:

Net Present Value (NPV).

Payback Period (PP).

Internal Rate of Return (IRR).

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