NPV & IRR of an investment
Your firm has an opportunity to male an investment of $50,000. Its cost of capital is 12%. It expects after-tax cash flows (including the tax shield from depreciation) for the next 5 years to be as follows: Year 1 $10,000. Year 2 20,000. Year 3 30,000. Year 4 20,000. Year 5 5,000. I. Calculat