Problem
1. Project L requires an initial outlay at t = 0 of $35,000, its expected cash inflows are $10,000 per year for 9 years, and its WACC is 13%. What is the project's NPV? Do not round intermediate calculations.
2. Project L requires an initial outlay at t = 0 of $79,862, its expected cash inflows are $14,000 per year for 11 years, and its WACC is 12%. What is the project's IRR?
3. Project L requires an initial outlay at t = 0 of $65,000, its expected cash inflows are $15,000 per year for 9 years, and its WACC is 13%. What is the project's MIRR? Do not round intermediate calculations.