Question: please use with NPV formula and IRR formula. cant use excel to calculate this otherwise its wrong 4. A firm is evaluating a project which

please use with NPV formula and IRR formula. cant use excel to calculate this otherwise its wrong please use with NPV formula and IRR formula. cant use excel to
calculate this otherwise its wrong 4. A firm is evaluating a project

4. A firm is evaluating a project which will cost $7,586 today and provide additional cash flows in years 1,2,3 and 4 of $5,568,$2,586,$2,586, and $7,560, respectively. The project will also employ $5,000 in working capital during the life of the project (allocated at the beginning and paid back in the last period). Its salvage value at the end of year 4 will be zero and the company uses a straight-line depreciation schedule. The firm uses a discount rate of 8%. a. What is the discounted payback, profitability index, NPV and IRR of the project? (Note: be sure to include working capital in the computations) b. Based on your analysis, should the company accept the project

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