Please help me to answer this question . Please show your work.

Dieyard Battery Recyclers is considering a project with the following cash flows:

Initial Outlay = ($15,000)

Cash Flows: Year 1 = $8,000

Year 2 = 3,000

Year 3 = 8,000

The required rate of return for the project is 12%.

a. What is the payback period?

b. What is the NPV?

c. What is the IRR?

d. Should the project be accepted?Why?

Answer rating: 100% (QA)

a Payback Period To calculate the payback period we need to find the time it takes for the initial i... View the full answer