A firm is reviewing a project that has an initial cost of $82,000. The project will produce cash inflows, starting with year 1, of $5,100, $13,900, $25,400, $28,700, and finally in year 5, $31,600.
What is the project's payback period?
What is the project's accounting rate of return (ARR)?
What is the project's internal rate of return (IRR)?
What is the project's profitability index (PI) if the discount rate is 11.5%?
What is the project's net present value (NPV) if the discount rate is 11.5%?