Question 5

A project has an initial cash outflow of $40,500 and produces cash inflows of $16,450, $17,800, and $16,125 for Years 1 through 3, respectively. What is the NPV at a discount rate of 11.3 percent?

Question 8

The Dry Dock is considering a project with an initial cost of $105,271 and cash inflows for Years 1 to 3 of $37,200, $54,600, and $46,900, respectively. What is the IRR? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)