Project L cost $65,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 9%. What is the Project's NPV? What is the projects IRR?
What is the projects payback perioud in years? Assume the cash flows are only received at the end of each year, so provide the number of years as a single digit that covers, or more than covers the initial cash outlay.