^{USE EXCEL}

Compute all IRRs for the following sequence of cash flows: Year1 Year 2 Year 3 Year 4Year 5 Year 6 Year 7 -$10,000 $8,000 $1,500 $1,500 $1,500 $1,500 $1,500 Find all IRRsfor the following project Year 1 $100 Year 2 Year 3 -$300 $250 Consider the following two projects, and assume a company's cost of capital is 15 percent. Find the IRR and NPV of each project. Which projects add value to the company? If the company can choose only a single project, which project should it choose? Project 1 Project 2 Year 1 $40 -$80 Year 2 $130 $36 Year 3 $19 $36 Year 4 S26 $36