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write in detailed You are reviewing a capital project proposal. The project has an upfront cost of $1,570,000. The resulting positive cash flows over the

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write in detailed

You are reviewing a capital project proposal. The project has an upfront cost of $1,570,000. The resulting positive cash flows over the next five years are: $410,000, $390,000, $615,000, $740,000, and $625,000. The company's required return on investment is 15%. The maximum payback period for capital projects is 5 years. Instructions: Calculate the following: a) Net present value (nearest whole number without comma, e.g. 15000): b) Internal rate of return (nearest 1/10 of 1% without % symbol, e.g. 5.6): c) Discounted payback (1/100 of year, e.g. 5.15): d) Profitability index (1/100 of whole number, e.g. 1.15): e) Do you approve or reject the project (choose one) Reject Approve

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