求财务高手帮NPV跟IRR的题！！超急！！！

Cash Flow Year-0 Year-1 Year-2 Year-3 Year-4
-100,000 30,000 33000 36300 49930

Cost of Capital 22%

NPV = -100000+30000/1.22+33000/1.22^2+36300/1.22^3+49930/1.22^4 = -10709.36
IRR = 17% (Applied the IRR function in Excel)

Conclusion: Since the negative NPV and the IRR is lower than the Cost of Capital, the company should better reject the investment plan.3

P.S. Cost of Capital is the estimated (expected) rate quantity.
IRR is the real (realizable) rate quantity.
Only if IRR > Cost of Capital and the NPV > 0, you can go with investment plan.

MBA @ ASU

要考虑税收因素吗