Giacinto Company, a small sport car manufacturing company, is considering a new automated production-line project.
The project has a cost of $275,000 and is expected to provide after-tax annual cash flows of $73,306 for eight years.
You have calculated a cost of capital for the firm of 12 percent.
What are the project's IRR, NPV, MIRR, and DPB? Show your work for full credit.