please answer #19

Consider two mutually exclusive new product launch 19. Comparing Investment Criteria projects that Nagano Golf is considering. Assume the discount rate for both products is 15 percent Project A: Nagano NP-30. Professional clubs that will take an initial investment of $735,000 at Year 0 For each of the next 5 years (Years 1-5), sales will generate a consistent cash flow of $239,000 per year. Introduction of new product at Year 6 will terminate further cash flows from this project. Project B: Nagano NX-20. High-end amateur clubs that will take an initial investment of $460,000 at Year 0 Cash flow at Year 1 is $130,000. In each subsequent year, cash flow will grow at 10 percent per year. Introduction of new product at Year 6 will terminate further cash flows from this project. Net Present Value and Other Investment Rules CHAPTER 5 165 NP-30 Year NX-20 -$735,000 -$460,000 0 239,000 239,000 239,000 239,000 1 130,000 2 143,000 157,300 173,030 3 4 239,000 190,333 Please fill in the following table: Implications NP-30 NX-20 Payback IRR PI NPV O Nm Ln