1. Problem 11.01 (NPV)

2. Problem 11.02 (IRR)

3. Problem 11.04 (Payback Period)

Project L requires an initial outlay at t = 0 of $35,000, its expected cash inflows are $8,000 per year for 9 years, and its WACC is 11%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent. $ Project L requires an initial outlay at t = 0 of $93,919, its expected cash inflows are $14,000 per year for 11 years, and its WACC is 13%. What is the project's IRR? Round your answer to two decimal places. % Project L requires an initial outlay at t = 0 of $62,000, its expected cash inflows are $15,000 per year for 8 years, and its WACC is 14%. What is the project's payback? Round your answer to two decimal places. years