The product design costs are $250,000. Use a discount rate of 9% for the projected cash in-flows. Assume a five-year lifespan. Calculate the projected NPV, the payback time, and the IRR.

Operations Me X Operations Ma x Operations Ma x T 404 - File or di X Topic: Welcom X ashford.edu/books/Wisner.3071.18.1/sections/s9781483396569.2127 3 New Product and Service Design Year 1 2 3 Projected Cash In-Flows ($) 120,000 90,000 75,000 50,000 20,000 w u