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You are evaluating a project that involves an initial outlay of $55,000 to commit to the project. If you take the project, then you will

You are evaluating a project that involves an initial outlay of $55,000 to commit to the project. If you take the project, then you will have inflows of $35,000 in yr 1, $38,000 in yr 2, -$12,000 in yr 3, and $30,000 in yr 4. What is the NPV of the project if the cost of capital is 15%? Is it advisable to calculate the IRR for this project? If not, calculate the MIRR for the project.

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