NPV and IRR (%)

IRR of a Project The following are the expected expenditures and revenues (\$Million) for a proposed project. Consider a Working Capital of $6 million, a Cost of Capital of 15%, and an Overall tax of 30%. Use MACRS depreciation schedule with a class life of 5 years. MACRS depreciation table (5-year) 1. Calculate the NPV of the project (\$ Million) 2. Calculate the Internal Rate of return (\%)