10.6 step by step with explanation please

EASY PROBLEMS 1-7 (10-1) A project has an initial cost of $40,000, expected net cash inflows of $9,000 per year for NPV 7 years, and a cost of capital of 11%. What is the project's NPV? (Hint: Begin by constructing a time line.) (10-2) Refer to Problem 10-1. What is the project's IRR? (10-3) Refer to Problem 10-1. What is the project's MIRR? MIRR (10-4) Refer to Problem 10-1. What is the project's PI? Profitability Index (10-5) Refer to Problem 10-1. What is the project's payback period? Payback (10-6) Refer to Problem 10-1. What is the project's discounted payback period? Discounted Payback (10-7) Your division is considering two investment projects, each of which requires an up-front NPV expenditure of $15 million. You estimate that the investments will produce the following net cash flows: \begin{tabular}{crr} Year & Project A & \multicolumn{1}{c}{ Project B } \\ \hline 1 & $5,000,000 & $20,000,000 \\ 2 & 10,000,000 & 10,000,000 \\ 3 & 20,000,000 & 6,000,000 \end{tabular}