Question: need the excel answer with decimals. Would be great to understand how the PV for each year is calculated. Anderson International Limited is evaluating a

 need the excel answer with decimals. Would be great to understand

need the excel answer with decimals. Would be great to understand how the PV for each year is calculated.

Anderson International Limited is evaluating a project in Erewhon. The project will create the following caslh flows: Year Cash Flow 0 1,170,000 345,000 410,000 305,000 260,000 4 All cash flows will occur in Erewhon and are expressed in dollars. In an attempt to improve its economy, the Erewhonian government has declared that all cash flows created by a foreign company are "blocked and must be reinvested with the government for one year. The reinvestment rate for these funds is3 percent If Anderson uses a required return of 7 percent on this project, what are the NPV and IRR of the project? retum of 7 percent on this

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