Problem 9.LO3.32 (similar to)
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The Rollins Supply Company is considering an expansion project with cash flows as shown below. The cost of capital is 13%. Calculate the nit present value (NPV), profitability index (PI), and internal rate of return
(IRR) for this project.
Year
Cash Flow
0
-$2,100
1
$1,500
2
$1,900
3
$1,300
4
$1,700
5
$1,800
What is the project's NPV?
$ (Round to the nearest cent.)