Question
You are the financial analyst for the Glad Its Finally Over Company. The director of capital budgeting has asked you to analyze a proposed capital
You are the financial analyst for the Glad Its Finally Over Company. The director of capital budgeting has asked you to analyze a proposed capital investment. The project has a cost of $35,000 and the cost of capital is 7.5%. The projects expected net cash flows are as follows:
Year: Expected Net Cash Flow:
0 ($35,000)
1 $14,500
2 $11,000
3 $11,000
4 $5,000
The projects Modified Internal Rate of Return is ______%, (rounded to 2 decimal places).
The projects Net Present Value is $_______, (rounded to 2 decimal places)
The projects Internal Rate of Return is ______%, (rounded to 2 decimal places)
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