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Question 1 Quick Sale Real Estate Company is planning to invest in a new develop

ID: 2774509 • Letter: Q

Question

Question 1

Quick Sale Real Estate Company is planning to invest in a new development. The cost of the project will be $23 million and is expected to generate cash flows of $14,000,000, $11,750,000, and $6,350,000 over the next three years. The company's cost of capital is 20 percent. What is the internal rate of return on this project? (Round to the nearest percent.)

Question 2

Muncy, Inc., is looking to add a new machine at a cost of $4,133,250. The company expects this equipment will lead to cash flows of $815,322, $863,275, $937,250, $1,019,610, $1,212,960, and $1,225,000 over the next six years. If the appropriate discount rate is 15 percent, what is the NPV of this investment?

Question 3

Given the following cash flows for a capital project, calculate the IRR using a financial calculator

Year

0

1

2

3

4

5

Cash Flows

($50,467)

$12,746

$14,426

$21,548

$8,580

$4,959


Question 4

Cortez Art Gallery is adding to its existing buildings at a cost of $2 million. The gallery expects to bring in additional cash flows of $520,000, $700,000, and $1,000,000 over the next three years. Given a required rate of return of 10 percent, what is the NPV of this project?

Question 5

McKenna Sports Authority is getting ready to produce a new line of gold clubs by investing $1.85 million. The investment will result in additional cash flows of $525,000, $847,500, and $1,230,000 over the next three years. What is the payback period for this project?

Question 6

Monroe, Inc., is evaluating a project. The company uses a 13.8 percent discount rate for this project. Cost and cash flows are shown in the table. What is the NPV of the project?

Year Project

0 ($11,368,000)

1 $ 2,187,590

2 $ 3,787,552

3 $  3,225,650

4 $ 4,115,899

5 $ 4,556,424

Year

0

1

2

3

4

5

Cash Flows

($50,467)

$12,746

$14,426

$21,548

$8,580

$4,959

Explanation / Answer

As per Chegg Guidelines we answer one question per post. I have answered more than 1 question. Kindly post remaining questions in separate post to get the best answers Q1 Statemnet showing Cash flows Particulars Time PVf@20% Amount PV Cash Outflows                            -                                             1.00    (23,000,000.00)    (23,000,000.00) PV of Cash outflows    (23,000,000.00) Cash inflows                     1.00                                      0.8333      14,000,000.00       11,666,666.67 Cash inflows                     2.00                                      0.6944      11,750,000.00         8,159,722.22 Cash inflows                     3.00                                      0.5787        6,350,000.00         3,674,768.52 PV of Cash Inflows       23,501,157.41 NPV             501,157.41 Particulars Time PVf@22% Amount PV Cash Outflows                            -                                             1.00    (23,000,000.00)    (23,000,000.00) PV of Cash outflows    (23,000,000.00) Cash inflows                     1.00                                      0.8197      14,000,000.00       11,475,409.84 Cash inflows                     2.00                                      0.6719      11,750,000.00         7,894,383.23 Cash inflows                     3.00                                      0.5507        6,350,000.00         3,496,988.73 PV of Cash Inflows       22,866,781.80 NPV          (133,218.20) NPV @20%        501,157.41 NPV @22%      (133,218.20) Diff@2%        634,375.61 IRR = 20%+ 2% * 501,157.41/634,375.61 = 21.58% Q2 Particulars Time PVf@15% Amount PV Cash Outflows                            -                                             1.00      (4,133,250.00)       (4,133,250.00) PV of Cash outflows       (4,133,250.00) Cash inflows                     1.00                                      0.8696            815,322.00             708,975.65 Cash inflows                     2.00                                      0.7561            863,275.00             652,759.92 Cash inflows                     3.00                                      0.6575            937,250.00             616,257.09 Cash inflows                     4.00                                      0.5718        1,019,610.00             582,965.33 Cash inflows                     5.00                                      0.4972        1,212,960.00             603,055.49 Cash inflows                     6.00                                      0.4323        1,225,000.00             529,601.30 PV of Cash Inflows         3,693,614.79 NPV          (439,635.21)

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