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Question) The initial cost of an equipment is $5000 for this project. Below are the cash...

Question) The initial cost of an equipment is $5000 for this project. Below are the cash flows for 3 years:

Year 1 Year 2 Year 3
Cash Flows 1000 1000 6800

If the Discount Rate is 15% and the Internal Rate of Return is 20%, calculate the NPV of this project.

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Answer #1
Project
Discount rate 0.15
Year 0 1 2 3
Cash flow stream -5000 1000 1000 6800
Discounting factor 1 1.15 1.3225 1.520875
Discounted cash flows project -5000 869.5652 756.1437 4471.11
NPV = Sum of discounted cash flows
NPV Project = 1096.82
Where
Discounting factor = (1 + discount rate)^(Corresponding period in years)
Discounted Cashflow= Cash flow stream/discounting factor
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