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Year Cash Flow 0 -$82,000.00 (Initial investment) 1 S40,000.00 2 -$21,000.00 3 $20,000.00 4 $30,000.00 5 -$10,000.00 6 $23,500.00 1. What is the project's payback

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Year Cash Flow 0 -$82,000.00 (Initial investment) 1 S40,000.00 2 -$21,000.00 3 $20,000.00 4 $30,000.00 5 -$10,000.00 6 $23,500.00 1. What is the project's payback period? Will you accept the project if the required payback period is 7 years? 2. What is the project's fair value if you require a 5% return? 3. What is the project's NPV? Will you accept the project? 4. Explain why the above two techniques give you different answers. 5. What is the project's IRR? Will you accept this project

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