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Tumbull Corp, is in the process of constructing a new plant at a cost of $26 million It expects the project to generate cash flows
Tumbull Corp, is in the process of constructing a new plant at a cost of $26 million It expects the project to generate cash flows of $12,000,000, $20,000,000, and $25,000,000 over the next three years. The cost of capital is 16 percent. What is the net present value (NPV), internal rate of return (IRR) and modified internal rate of retum (MIRR) that Tumball can earn on this project? Should this form accept this project based on NPV? (Do not round intermediate computations, Round final answer to the nearest dollar and the nearest percent.) NPV: 515.224.527 IRR: 45% MIRR: 35% Decision making Yes NPV: -5768.542 IRRO 40 MIRR: 359 Dechtion making No NPV: 5768.542 RR 40% MIRR38Decision making No NPV 515,224 527 IRR: 455 MIRR: 38 Decision making Yes
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