1. Project L requires an initial outlay at t = 0 of $35,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 13%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
2. Project L requires an initial outlay at t = 0 of $71,917, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 10%. What is the project's IRR? Round your answer to two decimal places.
3. Project L requires an initial outlay at t = 0 of $40,000, its expected cash inflows are $8,000 per year for 9 years, and its WACC is 11%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.
4. Project L requires an initial outlay at t = 0 of $48,000, its expected cash inflows are $14,000 per year for 11 years, and its WACC is 10%. What is the project's payback? Round your answer to two decimal places. Answer should be expressed in years.