1-Project K costs $75,000, its expected cash inflows are $15,000 per year for 10 years, and its WACC is 9%. What is the project's payback? Round your answer to two decimal places. 2-Project K costs $47,994.17, its expected cash inflows are $10,000 per year for 11 years, and its WACC is 10%. What is the project's IRR? Round your answer to two decimal places. (use excel,need accurate ans)

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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1-Project K costs $75,000, its expected cash inflows are $15,000 per year for 10 years, and its WACC is 9%. What is the project's payback? Round your answer to two decimal places.

2-Project K costs $47,994.17, its expected cash inflows are $10,000 per year for 11 years, and its WACC is 10%. What is the project's IRR? Round your answer to two decimal places.

(use excel,need accurate ans)

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