Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Year Cash Flow -$ 0 39,100,000 1 63,100,000 2 -12,100,000 Saved a-1.What is the NPV for the project if the company requires a return
Year Cash Flow -$ 0 39,100,000 1 63,100,000 2 -12,100,000 Saved a-1.What is the NPV for the project if the company requires a return of 10 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) NPV $ 8,263,636.36 a- Should the company accept this project? 2. No Yes b. This project has two IRR's, namely and blank percent, in order from smallest to largest. percent 39.14 (Note: If you can only compute one IRR value, you should input that amount into both answer boxes in order to obtain some credit.) (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started