Calculate the projects npv-irr-mirr and payback

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Reference no: EM13911508

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 9%. 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, $6,000, $8000, $-1,000  

Calculate the project's NPV, IRR, MIRR and Payback and label each answer clearly.

Reference no: EM13911508

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