1) The Taxi Co. is evaluating a project with the following cash flows:
Year : Cash Flow
0: -20,400
1: 6100
2: 5200
3: 7950
4: 5400
5: -3700
Should this project be accepted based on the PI if the discount rate is 8 percent?
2) A firm evaluates all of its projects by applying the IRR rule. If the required return is 18 percent, should the firm accept the following project?
Year : Cash Flow
0 : -$105,600
1 : $29,500
2 : $34,200
3 : $6,750
4 : $15,320
5 : $25,670
3) Consider the following cash flows. If the discount rate is 12 percent, should we accept this project based on the MIRR rule?
Year : Cash Flow
0: -13,024
1: 17,172
2: -36,420
3: 34,200
4: -15,000
5: 8,500
6: 11,300
7: -6820
Please show steps in financial calculator form.