1. Project X has an initial cost of $50,000, it’s expected cash inflows are $10,000 per year for eight years, and it’s WACC is 10%. what is the payback period for project X?
2. Project X has an initial cost of $50,000, it’s expected cash inflows are $10,000 per year for 8 years and the WACC is 10%. What is the internal rate of return for project X?