Considering adding new type of wind tamer to its trailers

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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.

Reference no: EM13911588

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