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( NPV , PI , and IRR calculations ) Fijisawa Inc. is considering a major expansion of its product line and has estimated the following

(NPV,PI, and IRR calculations) Fijisawa Inc. is considering a major expansion of its product line and has estimated the following free cash flows associated with such an expansion. The initial outlay would be $,1,850,000 and the project would generate incremental free cash flows of $500,000 per year for years. The appropriate required rate of return is 9 percent.
a. Calculate the NPV.
b. Calculate the PI.
c. Calculate the IRR.
d. Should this project be accepted?

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