A project requires an initial investment of $2,100,000, and produces an annual inflow of $500,000 at the end of years 1 - 7, and an inflow of $600,000 at the end of year 8. What is the NPV of this project using a discount rate of 13%?
What is the NPV of this project if the required rate of return is 14%?
What is the payback period for the following proposed capital budgeting project: