1. A project has an initial cost of $35,700, expected net cash inflows of $13,000 per year for 6 years, and a cost of capital of 10%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round your intermediate calculations. Round your answer to the nearest cent.
2. A project has an initial cost of $52,125, expected net cash inflows of $12,000 per year for 8 years, and a cost of capital of 14%. What is the project's IRR? Round your answer to two decimal places.
3. A project has an initial cost of $68,775, expected net cash inflows of $15,000 per year for 9 years, and a cost of capital of 9%. What is the project's MIRR? Round your answer to two decimal places.