M=2569

Question 8 MyCo Ltd. is evaluating a project that has the expected cash flows given in the table below. Year Cash flow 0 $15,000 1 SM 2 $M 3 $M 4 SM 5 $M 6 $M 7 $M 8 $M 9 $M 10 SM 11 SM 12 SM 13 $M 14 $M 15 SM 8.i. What is the payback period, without considering the time value of money? (Round your final answer to 2 decimal places.) [5 Marks] 8.ii. What is the payback period, considering that MyCo Ltd.'s MARR is 10% per year? (Round your final answer to 2 decimal places.) [5 Marks] 8.ili. What is the present worth of the project, considering that MyCo Ltd.'s MARR is 10% per year? (Round your final answer to the nearest cent.) [10 Marks] 8.iv. What is the annual equivalent worth of this project, considering that MyCo Ltd.'s MARR is 10% per year? (Round your final answer to the nearest cent.) [10 Marks]