Calculate the projects NPV-IRR-MIRR and Payback

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Reference no: EM13911547

Old Dominion is considering adding a new type of wind tamer to its trailers, which will save the company in fuel costs each year and the required rate of return is 8%.

The expected life of the units are 5 years and the expected cash flows for each unit are as follows:

-$15,000, $3,000, $3,500, $4,000, $4500, $5,000  

Calculate the project's NPV, IRR, MIRR and Payback

Reference no: EM13911547

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