Terminology:

NPV $=$ Net present value

IRR $=$ Internal rate of return

MIRR $=$ Modified internal rate of return

PI $=$ Profitability index

Information provided:$$ A project has an initial cost of $$52,125,$ expected net cash inflows of $$12,000$ per year for $8$ years, and a cost of capital of $12\%.$

P$11-1.$ What is the project's NPV$?$

P$11-2.$ What is the project's IRR?

P$11-3.$ What is the project's MIRR?

P$11-4.$ What is the project's PI$?$

P$11-5.$ What is the project's payback period?