Question: What are the net present value and internal rates - of - return of the irrigation system that costs $ 3 5 , 0 0

What are the net present value and internal rates-of-return of the irrigation system that costs $35,000 and has returns of: $14,500 in year one, $11,000 in year two, $7,000 in year three, and $5,000 in year four? All cash outflows occur at the end of the year, if the required-rate-of-return is 10%? Is the investment acceptable? Answer all the calculations on your answer sheet. Use excel spreadsheet to find the actual IRR value.

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