1. Project L costs $35,000, its expected cash inflows are
$14,000 per year for 8 years, and its WACC is 9%. What is the
project's NPV? Round your answer to the nearest cent. Do not round
your intermediate calculations.
2. Project L costs $71,242.75, its expected cash inflows are
$14,000 per year for 11 years, and its WACC is 14%. What is the
project's IRR? Round your answer to two decimal places.
3. Project L costs $40,000, its expected cash...