Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

1 . A given project requires a $70,000 investment and is expected to generate en

ID: 2477093 • Letter: 1

Question

1. A given project requires a $70,000 investment and is expected to generate end-of-period annual cash inflows as follows: Year 1 Year 2 Year 3 Total $28,000 $17,500 $24,500 $70,000 Assuming a discount rate of 9%, what is the net present value of this investment? Selected present value factors for a single sum are shown in the table below:

i = 9% i = 9% i = 9% n = 1 n = 2 n = 3 0.91743 0.84168 0.77218

$59,336.0

($10,664)

$51,100

$0

($6,300)

2.

A given project requires a $60,500 investment and is expected to generate end-of-period annual cash inflows of $26,000 for each of three years. Assuming a discount rate of 9%, what is the net present value of this investment? Selected present value factors for a single sum are shown in the table below:

$65,814

$5,314

$6,155

($23,853)

$0

A given project requires a $60,500 investment and is expected to generate end-of-period annual cash inflows of $26,000 for each of three years. Assuming a discount rate of 9%, what is the net present value of this investment? Selected present value factors for a single sum are shown in the table below:

Explanation / Answer

1.

2.

Year Cash Flows PV Factors PV of cash flows 0 $70,000 1 ($70000) 1 $28,000 0.9174 $25687 2 $17,500 0.8417 $14729 3 $24,500 0.7722 $18918 NPV of Cash Flows ($10664)