(Related to Checkpoint 11.1) (Net present value calculation) Dowling Sportswear is considering building a new factory to produce aluminum baseball bats. This project would require an initial cash outlay of $4,000,000 and would generate annual net cash inflows of $900,000 per year for 9 years. Calculate the project's NPV using a discount rate of 5 percent If the discount rate is 5 percent, then the project's NPV is $ (Round to the nearest dollar.) (Net present value calculation) Big Steve's, makers of swizzle sticks, is considering the purchase of a new plastic stamping machine. This investment requires an initial outlay of $105,000 and will generate net cash inflows of $17,000 per year for 8 years. a. What is the project's NPV using a discount rate of 7 percent? Should the project be accepted? Why or why not? b. What is the project's NPV using a discount rate of 14 percent? Should the project be accepted? Why or why not? c. What is this project's internal rate of return? Should the project be accepted? Why or why not? (Related to Checkpoint 11.1 and Checkpoint 11.4) (NPV and IRR calculation) East Coast Television is considering a project with an initial outlay of $X (you will have to determine this amount). It is expected that the project will produce a positive cash flow of $45,000 a year at the end of each year for the next 16 years. The appropriate discount rate for this project is 7 percent. If the project has an internal rate of return of 10 percent, wha is the project's net present value? a. If the project has an internal rate of return of 10%, then the project's initial outlay is $ (Round to the nearest cent.) (Calculating IRR, payback, and a missing cash flow) The Merriweather Printing Company is trying to decide on the merits of constructing a new publishing facility. The project is expected to provide a series of positive cash flows for each of the next four years. The estimated cash flows associated with this project are as follows: (Click on the icon in order to copy its contents into a spreadsheet) If you know that the project has a regular payback of 2.4 years, what is the project's IRR? The IRR of the project is \%. (Round to two decimal places.) (Discounted payback period) Gio's Restaurants is considering a project with the following expected cash flows: (Click on the icon in order to copy its contents into a spreadsheet) If the project's appropriate discount rate is 12 percent, what is the project's discounted payback period