Question: Heights Corp. is considering a project that will require a $100,000 investment. It will generate the following end-of-year cash flows: $20,000, $20,000, $20,000, $20,000, $20,000,

Heights Corp. is considering a project that will require a $100,000 investment. It will generate the following end-of-year cash flows: $20,000, $20,000, $20,000, $20,000, $20,000, $15,000, $15,000, $15,000, $15,000, $10,000, $10,000. $10,000. The required rate of return for a project of this type is 11%.

What is the projected internal rate of return?

What is the projected net present value?

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