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Suppose a company had an initial investment of $40,000. The cash flow for the next five years are $15,000, $13,000, $20,000, $17,000, and $18,000, respectively.

Suppose a company had an initial investment of $40,000. The cash flow for the next five years are $15,000, $13,000, $20,000, $17,000, and $18,000, respectively. The interest rate is 10%. Enter your answers rounded to 2 DECIMAL PLACES.

What is the discounted payback period?

If the firm accepts projects with discounted payback periods of less than 4 years, will the project be accepted?

Yes No

What is the NPV of the project?

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