PLEASE SHOW ALL CALCULATIONS! WILL GIVE IT A THUMBS UP ! **** YES YOU CAN USE EXCEL****

FAILURE TO SUBMIT YOUR ASSIGNMENT IN THE REQUIRED FORMAT WILL RESULT IN A ZERO GRADE ON THIS ASSIGNMENT! 1. Your boss has asked you to evaluate the cash flows for Machine 1 and Machine 2 using the payback period method. Which machine are you going to recommend? Justify your answer. Year Machine 1 Machine 2 0 (52,550) (40,000) 1 10,000 7,900 2 10,100 8,100 3 10,450 7,500 4 22,000 7,900 5 20,000 8,600 2. You are considering an investment that requires you to invest $14,800 and has the cash inflows shown below. Find the project's net present value using an interest rate of 3%. Should you invest in this project? Justify your answer. Year Cash flow 4,567 2 6,789 3 5,678 4 2,345 5 1,234 3. Find the IRR of the investment in below. Your firm's cost of capital is 6%. Should you invest? Justify your answer. Net Cash Outlay 154,000 Cash Flow 1 70,234 Cash Flow 2 50,225 Cash Flow 3 49,468 4. Your firm is considering another investment that has an internal rate of return of 0.061. Should your firm invest in this project or the project in Problem 3? Justify your answer. 5. Find the net present value of the project below using a 5% discount rate. Should your firm invest in this project or the project in Problem 2? Justify your answer. 0 -45,000 12,000 2 10,000 12,000 10,000 5 12,000 3 4