.( Payback period, NPV, PI, and IRR calculations) You are considering a project with an initial cash outlay of $80,000 and expected free cash flows of $20,000 at the end of each year for 6 years. The required rate of return for this project is 10 percent.
a. What is the project’s payback period?
b. What is the project’s NPV/
c. What is the project’s PI/
d. What is the project’s IRR?
