Old dominion is considering adding a new type of wind tamer


Old Dominion is considering adding a new type of wind tamer to its trailers, which will save the company in fuel costs each year and the required rate of return is 9%. The expected life of the units are 5 years and the expected cash flows for each unit are as follows: -$15,000, $3,000, $3,500, $4,000, $4500, $5,000 Calculate the project's NPV, IRR, MIRR and Payback and label each answer clearly.

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Financial Management: Old dominion is considering adding a new type of wind tamer
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