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1. Compute the NPV for Project K if the appropriate cost of capital is 5 percent

ID: 2742854 • Letter: 1

Question

1. Compute the NPV for Project K if the appropriate cost of capital is 5 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Project K Time: 0    1 2          3      4        5

Cash flow       –$11,100 $5,550 $6,550 $6,550   $5,550    –$11,100    NPV $ ___?

Should the project be accepted or rejected? Accepted Rejected

2.Compute the payback statistic for Project B if the appropriate cost of capital is 10 percent and the maximum allowable payback period is three years. (Round your answer to 2 decimal places. If the project never pays back, then enter a "0" (zero).)

   

  

  Project B   Time: 0 1 2 3 4 5   Cash flow –$12,900 $3,540 $4,560 $1,900 $0 $1,380

Explanation / Answer

1.

Project should be accepted due to positive NPV.

2.

K 1.05 Year Cash OutflowsFlows PVF@ 5 % PV 0 -11100 1 -11100 1 5550 0.952 5286 2 6550 0.907 5941 3 6550 0.864 5658 4 5550 0.823 5785 5 -11100 0.784 22670 NPV 34240