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Payback period, NPV, PI, and IRR calculations) You are considering a project with an initial cash outlay of $90 000 and expected free cash flows

Payback period, NPV, PI, and IRR calculations)

You are considering a project with an initial cash outlay of $90 000

and expected free cash flows of $28000 at the end of each year for

7 years. The required rate of return for this project is

7 percent.

a. What is the project's payback period?

b. What is the project's NPV?

c. What is the project's PI?

d. What is the project's IRR?

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