Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

Year 1 - $1,100,000; Year 2 - 1,450,000; Year 3 - 1,300,000; Year 4 - $950,000 Y

ID: 2683755 • Letter: Y

Question

Year 1 - $1,100,000; Year 2 - 1,450,000; Year 3 - 1,300,000; Year 4 - $950,000 You have been asked to provide the NPV Analysis. Assuming that the required rate of return is 15% and the initial cost is of the machine is $3,000,000. 1 - What is the project IRR? 2 - What is the projects NPV? 3 - Should the company accept this project? Why or why not? 4 - Explain how depreciation will affect the PV of the project? 5 - Provide examples of at least one of the following as it relates to the project? a - Sunk Cost; b- Opportunity cost; c - Erosion 6 - Explain how you would conduct a scenario and sensitivity analysis of the project? Project specific risks and market risks related to the project?

Explanation / Answer

What is the project’s IRR? () = 22.38%

year

Cash flow

Present factor

15%

Present value

1

1 100 000

0.8696

956522

2

1 450 000

0.7561

1096408

3

1 300 000

0.6575

854771

4

950 000

0.5718

543166

total

3450867

Initial cost

3450867

NPV

450867.00

What is the project’s NPV? (15 pts) = $450,867.00

year

Cash flow

Present factor

15%

Present value

1

1 100 000

0.8696

956522

2

1 450 000

0.7561

1096408

3

1 300 000

0.6575

854771

4

950 000

0.5718

543166

total

3450867

Initial cost

3450867

NPV

450867.00