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USE THE INFORMATION BELOW TO ANSWER QUESTIONS 47 and 48 ABC Industries is considering a project that has the following cash flows: Year Cash Flow

USE THE INFORMATION BELOW TO ANSWER QUESTIONS 47 and 48 ABC Industries is considering a project that has the following cash flows: Year Cash Flow 0 -51,000 1 10,000 2 15,000 3 25,000 4 25,000 5 34,000 The project has a payback period of 3.5 years. The firm's cost of capital is 17%. 47. The project's net present value (NPV) is $1462.99. 48. The IRR of the project is ____%

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