Question: please help! Ursus, Inc., is considering a project that would have a ten-year life and would require a $4,004,000 investment in equipment. At the end
Ursus, Inc., is considering a project that would have a ten-year life and would require a $4,004,000 investment in equipment. At the end of ten years, the project would terminate and the equipment would have no salvage value. The project would provide net operating income each year as follows (lgnore income taxes.) All of the above items, except for depreciation, represent cash flows. The company's required rate of return is 11%. Required: a. Compute the project's net present value. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) b. Compute the project's internal rate of return. (Round your final answer to the nearest whole percent.)
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