Problem: Given the following project cash flows, identify the correct statement(s). The firm's cost of capital is 15%.
Cash Flow
0 -50
1 150
2 75
3 -10
I. This project will have two IRRs.
II. The NPV of the project is $180.57.
III. The profitability index of the project is 2.61.
IV. The payback period of the project is 1.33.
a. I only
b. II only
c. II and III only
d. IV only
e. I and IV only