In: Finance
Use the following information to answer the next three questions. Consider the following cash flows:
Year | Cash Flow |
0 | -$2,110,000 |
1 | 1,000,000 |
2 | 450,000 |
3 | 790,000 |
4 | 890,000 |
Assume a discount rate of 17.5 percent.
What is the payback period? Round your answer to two decimal places.
What is the net present value (NPV) rounded to the nearest dollar?
What is the internal rate of return?
please show work