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

P10-25 (similar to) Cuestion All techniques with NPV profile Mutually exclusive

ID: 2792234 • Letter: P

Question

P10-25 (similar to) Cuestion All techniques with NPV profile Mutually exclusive projects Projects A and B, of equal risk, are alternatives for expanding Rosa Company's capacity. The firm cost of capital is 12%. The cash flows for each project are shownin the following table Data Table a. Calculate each project's payback period b. Calculate the net present value (NPV) for each project. c. Calculate the internal rate of retum (RR) for each project d. Indicate which project you would recommend (Click on the icon located on the top-right corner of the data table b a. The payback period of project A is years. (Round to two decimal places) copy its contents into a spreadsheet ) Project AProject B $130,000$100,000 Initial investment (CFo) Year (t) Cash inflows (CF) $30,000$30 000 $30,000 $30.000 530.000 $30,000 $35,000 $40,000 $45,000 $50,000 check Answer Print one Pemsining To see what to study next go to your SN

Explanation / Answer

Project A

Using Financial Calculator

CF0=-130000       (press enter) [Press down Key]

CF1= 30000       (press enter) [Press down Key]

F01=1            (press enter) [Press down Key]

CF2= 35000   (press enter) [Press down Key]

F02=1            (press enter) [Press down Key]

CF3=   40000     (press enter) [Press down Key]

F03=1            (press enter) [Press down Key]

CF4=   45000     (press enter) [Press down Key]

F04=1                (press enter) [Press down Key]

CF5=    50000    (press enter) [Press down Key]

F05=1               (press enter) [Press down Key]

Press NPV

Interest =12

Scroll down

Press CPT and NPV

NPV=10128.37

Press down key twice+ Press CPT

Payback period=3.5555 years

Press IRR key+ press CPT

IRR=14.83%

Project B

Using Financial Calculator

CF0=-100000       (press enter) [Press down Key]

CF1= 30000       (press enter) [Press down Key]

F01=5            (press enter) [Press down Key]

Press NPV

Interest =12

Scroll down

Press CPT and NPV

NPV=8143.29

Press down key twice+ Press CPT

Payback period=3.33 years

Press IRR key+ press CPT

IRR=15.24%

Decision: Accept project A on basis of higher NPV