You are considering a project with an initial cash outlay of $80,000 and expected free cash flows of $20,000 at the end of each year for 7 years. The required rate of return for this project is 6 percent.
1. What is the project's payback period ?
2. What is the project';s NPV ?
3. What is the project's PI ?
4. What is the project's IRR?