(similar to) (Payback period, NPV, PI, and IRR calculations) You are considering a project with an initial cash outlay of $75,000 and expected free cash flows of $25,000 at the end of each year for 5 years. The required rate of return for this project is 6 percent.
a. What is the project's payback period?
b. What is the project's NPV ??
c. What is the project's PI?
d. What is the project's IRR?