FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Project S has a cost of $65,000, and its expected net cash inflows are $15,000 per year
for 8 years.
a) What is the project's payback period (to the closest year)?
b) The cost of capital is 14%. What is the project's NPV?
c) What is the project's IRR?
Show all work for credit.
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Transcribed Image Text:Project S has a cost of $65,000, and its expected net cash inflows are $15,000 per year for 8 years. a) What is the project's payback period (to the closest year)? b) The cost of capital is 14%. What is the project's NPV? c) What is the project's IRR? Show all work for credit.
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