Question One:

Project L costs $50,000, its expected cash inflows are $12,000 per year for 10 years, and its WACC is 11%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent. $______

Project L costs $54,349.24, its expected cash inflows are $13,000 per year for 8 years, and its WACC is 9%. What is the project's IRR? Round your answer to two decimal places. _____ %

Project L costs $55,000, its expected cash inflows are $13,000 per year for 8 years, and its WACC is 12%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places. _______ %

Project L costs $65,000, its expected cash inflows are $12,000 per year for 8 years, and its WACC is 10%. What is the project's payback? Round your answer to two decimal places. _____ years