# Net present value: the cyclone golf resorts is redoing its golf

Net confer-upon estimate: The Cyclone Golf Resorts is redoing its golf method at a absorb of \$2,744,320. It expects to beget coin flows of \$1, 223,445, \$2,007,812, and \$3,147,890 aggravate the contiguous three years. If the mismisappropriate abatement admonish for the established is 13 percent, what is the NPV of this design?

Payback: Elmer Sporting Goods is getting unhesitating to amount a new thread of gold clubs by endueing \$1.85 favorite. The bombardment get consequence in joined coin flows of \$525,000, \$812,500, and 1,200,000 aggravate the contiguous three years. What is the payback epoch for this design?

Internal admonish of give-back: Quick Sale Real Estate Company is planning to endue in a new outgrowth. The absorb of the design get be \$23 favorite and is expected to beget coin flows of \$14,000,000, \$11,750,000, and \$6,350,000 aggravate the contiguous three years. The company's absorb of excellent is 20 percent. What is the interior admonish of give-back on this design? (Round to the unswerving percent.)

 Problem 10.42

An bombardment of \$98 begets after-tax coin flows of \$37 in Year 1, \$86 in Year 2, and \$121 in Year 3. The required admonish of give-back is 20 percent. The net confer-upon estimate is closest to

Given the forthcoming coin flows for a excellent design, compute the NPV and IRR. The required admonish of give-back is 8 percent.

 Year 0 1 2 3 4 5 Cash Flows \$-46904 \$11330 \$11675 \$23308 \$8899 \$4232