vv

Phoenix Company is considering investments in projects C1 and C2. Both require an initial investment of $276,000 and would yield the following annual net cash flows, (PV of \$1. FV of \$1. PVA of \$1, and EVA of \$1) (Use appropriate factor(s) from the tables provided.) a. The company requires a 9% return from its investments. Compute net present values using factors from Table B11 in Appendix B to determine which projects, if ony, should be occepted. b. Using the answer from part a, is the internal rate of return higher or lower than 98 for (1) Project Cl and (i) Project C2 ? Hint it is nor necessary to compute IRR to answer this question. Complete this question by entering your answers in the tabs below. The company requires a 9 , retum from its investments. Compute net present values using factors from Table ,1 in Appendo B to determine which projects, if any, should be accepted. (Negative net present values should be indicated with a minus sion. Pound vour present value factor to 4 decimals, flound vour answers to the nearest whale doilari) The company requires a 9% return from its investments. Compute net present values using factors from Table B.1 in Appendix B to determine which projects, if any, should be accepted. (Negative net present values should be indicated with a minus sign. Round your present value factor to 4 decimals. Round your answers to the nearest whole dollar.) Using the answer from part a, is the internal rate of return higher or lower than 9% for (i) Project C1 and (ii) Project C2? Hint: It is not necessary to compute IRR to answer this