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Mid-year discounting r 7% Date Cash Flow 1/1/2019 ($2,000,000.00) 7/1/2019 $200,000.00 7/1/2020 $230,000.00 7/1/2021 $264,500.00 7/1/2022 $304,175.00 7/1/2023 $349,801.25 7/1/2024 $402,271.44 7/1/2025 $462,612.15 7/1/2026 $532,003.98

Mid-year discounting

r 7%

Date Cash Flow

1/1/2019 ($2,000,000.00)

7/1/2019 $200,000.00

7/1/2020 $230,000.00

7/1/2021 $264,500.00

7/1/2022 $304,175.00

7/1/2023 $349,801.25

7/1/2024 $402,271.44

7/1/2025 $462,612.15

7/1/2026 $532,003.98

a)What is the NPV

b) What is the IRR

c) Should you take on the project?

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