Question 1: Haig Aircraft is considering a project that has an up-front cost of $152,447 paid today at t = 0. The project will generate positive cash flows of $60,000 a year at the end of each of the next five years. The project's NPV is $75,000 and the company's WACC is 10%. What is the project's regular payback?
Question 2: BMI is considering a project that has a cost of $33,578.17 and it's expected net cash inflows are $12,000 per year for 4 years. What is the project's NPV at the cost of capital of 10%?