In: Finance
A)Project L requires an initial outlay at t = 0 of $70,000, its expected cash inflows are $14,000 per year for 9 years, and its WACC is 10%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent. $
B)Project L requires an initial outlay at t = 0 of $53,084, its expected cash inflows are $9,000 per year for 11 years, and its WACC is 14%. What is the project's IRR? Round your answer to two decimal places. %