Merrill Corporation has the following information available about a potential capital investment:

Assume straight line depreciation method is used.

Required:

Calculate the project's net present value. $($Future Value of $$1,$ Present Value of $$1,$ Future Value Annuity of $$1,$

Present Value Annuity of $$1.)$

Note: Use appropriate factor$($s$)$ from the tables provided.

Without making any calculations, determine whether the internal rate of return $($IRR$)$ is more or less than $10$ percent.

Calculate the net present value using a $15$ percent discount rate. $($Future Value of $$1,$ Present Value of $$1,$ Future

Value Annuity of $$1,$ Present Value Annuity of $$1.)$

Note: Use appropriate factor$($s$)$ from the tables provided.

Without making any calculations, determine whether the internal rate of return $($IRR$)$ is more or less than $15$ percent.

Complete this question by entering your answers in the tabs below.

Calculate the project's net present value.

Note: Do not round intermediate calculations. Round the final answer to nearest whole dollar.

Without making any calculations, determine whether the internal rate of return $($IRR$)$ is more or less than $10$ percent.

Net Present Value

Internal Rate of Return $($IRR$)$