Answer a the questions with step by step soutions: QUESTION $20$

A project has an initial cost of $$366,550.$ The project is expected to have cash

flows of $$144,208$ in year $1,$ $$181,509$ in year $2$ and $$498,746$ in year $3.$ What is

the profitability index for this project if the discount rate is $10\%?$ Enter your

QUESTION $21$

What is the exact payback period for this project below, rounded to two decimal places:

QUESTION $22$

Consider the following two projects:

Project A Project B

Year $0,-$$$5,000,-$$$8,000$

Year $1,$$$2,000,$$$4,000$

Year $2$$$3,000,$$$4,000$

Year $3$$$$4,000,$$$4,000$

Year $4$$$3,000,$$$3,500$

Year $5,$$$3,000,$$$3,500$

What is the crossover rate i$.$e$.$ the incremental IRR? Enter your answer as a decimal

rounded to FOUR decimal places. For example. the answer $21\mathrm{.}752\%$ would be entered

QUESTION $23$

What is the IRR for the following cash flows?

Enter the answer as a decimal rounded to three decimal places. For example, the answer $20\mathrm{.}22\%$ would be entered as $0\mathrm{.}202$

QUESTION $24$

Corey's Scrap Metal projects cash flows of $$13,500,$$$20,400,$ and $$32,900$ for

Years $1$ to $3$ for a project with an initial cost of $$45,000.$ What is the profitability

index given an assigned discount rate of $15$ percent?

QUESTION $25$

What is the equivalent annual cost of a project that costs $$20,000$ today and has a costs of

$$4,000$ in year $1$

$$6,000$ in year $2$

$$8,000$ in year $3$ and

$$10,000$ in year $4?$

Assume a discount rate of $12\%.$anse