NPV

1)Project L costs $55,000, its expected cash inflows are $11,000 per year for 12 years, and its WACC is 9%. What is the project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.

IRR

2)Project L costs $52,376.08, its expected cash inflows are $12,000 per year for 8 years, and its WACC is 9%. What is the project's IRR? Round your answer to two decimal places.

Payback period

3)Project L costs $65,000, its expected cash inflows are $15,000 per year for 11 years, and its WACC is 9%. What is the project's payback? Round your answer to two decimal places.

years