Question $14$

$14$ pts

You are evaluating a project with the following expected cash flows: an initial investment of $$10$ million, followed by cash flows of $$4,$$$7$ and $$18$ million in years $1,2$ and $3,$ respectively. If the company's WACC is $10\%,$ what is this projects NPV$?$

Enter your answer in millions of dollars, with no decimals and without the dollar sign $(\text{'}$ $ $\text{'}).$ For example, if your answer is $$12,345,678\mathrm{.}90,$ just enter $12.$

Question $15$

$14$ pts

You are evaluating a project with an initial investment of $$7\mathrm{.}8$ million, and equal expected cash flows of $$4\mathrm{.}3$ million per year for years $1$ to $5.$ What is this projects simple payback? The corporate WACC is $8\%.$

Enter your answer in years, rounded to $1$ decimal. For example, if your answer is $2\mathrm{.}7654,$ just enter $2\mathrm{.}8$