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Merrill Corp. has the following information available about a potential capital investment: nitial investment 1,900.000 5 190,000 Expected ife alvage value Mernills cost of capital

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Merrill Corp. has the following information available about a potential capital investment: nitial investment 1,900.000 5 190,000 Expected ife alvage value Mernills cost of capital years $ 230.000 Assume straight line depreciation method is used. Required 1. Calculate the project's net present value. (Future Value of S1, Present Value of (Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Round the final answer to nearest whole dollar.) 2. Without making any calculations, determine whether the internal rate of return (IRR) is more or less than 10 percent. Less than 10 Parcent Greater than 10 Pancent 3. Calculate the net present value using a 14 percent discount rate. (Euture Value $1.) (Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Round the final answer to nearest whole dollar.) 4. Without making any calculations, determine whether the internal rate of return (IRR) is more or less than 14 percent. More than 14 percent OLess than 14 percent Equal to 14 percent

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