document.write( "Question 729325: 24. You invest $1 million in a business venture. It promises to pay you back $120,000 per year the first 10 years, then $50,000 per year for the next 10 years. \n" );
document.write( "(a) What return (IRR) is the project promising? \n" );
document.write( "(b) If your required rate of return is 6.25%, what is the current value (NPV) of the whole project? \n" );
document.write( "(c) If your required rate of return is 7%, what is the profitability index (PI) for this project? \n" );
document.write( "
![\"\"](\"/images/stars/stars-13.gif\")
