Your boss has given you some data on a project (Project C). The project will require an initial investment of $450,000 which will result in cash flows of $120,000 in the first three years, and $130,000 in the next three years. It is expected that $15,000 of the initial investment will be recoverable at the end of the project.

Assuming a cost of capital of 12% calculate the following (you must provide the units):

Assuming a cost of capital of 12% calculate the following (you must provide the units):

a) Net Present Value (+/- no decimals)

b) Internal Rate of Return (2 decimals)

c) Profitability Index (3 decimals)

d) Payback Period (2 decimals)