1)

2)

TBall Inc. has a project available with the following cash flows: a) If the required return for the project is 12%, what is the project's NPV? b) Using NPV rule, is the project accepted? a) Write a math equation of IRR. b) Use try and error to calculate IRR. Just show 2-3 rounds try and error calculation is enough, no need to reach the final exact IRR