In: Finance
A project that costs $2,500 to install will provide annual cash flows of $750 for each of the next 5 years.
a. Calculate the NPV if the opportunity cost of capital is 10%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) NPV $
b. Is this project worth pursuing? Yes No
c. What is the project's internal rate of return IRR? (Do not round intermediate calculations. Round your answer to 2 decimal places.) IRR %