In: Finance
Project m has an initial cost of $65,125, expected net cash inflows of $13,000 per year for the next 10 years, and a cost of capital of 11%.
what is the projects payback period?
what is the projects npv?
what is the projects irr?
What is the projects discounted payback period?
what is the projects mirr?
based on your answers above, should the project be accepted? Why or Why not?
Since NPV is positive and IRR and MIRR is greater than cost of capital it is advisable to invest in the project