Question 4: The cash inflow / (outflow) for this project of Kenny Enjoy Investment Limited...
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Question 4: The cash inflow / (outflow) for this project of Kenny Enjoy Investment Limited is given below: Project Year Golden 0 1 2 3 4 5 $ (22,600) 9,400 7,550 3,820 1,830 4,970 The company is estimated that the scrape value of the Project Golden will be $780, to be received at the end of the eighth year. Required: b. a. Calculate the payback period for this project. (3 Marks) Establish the net present value (NPV) of the above project assuming that the discount rate at 7%. (4 Marks) c. Calculate the internal rate of return (IRR) of the above project. (Note: Try to use 7% and 15% discount rate to calculate.) (8 Marks) d. Find the internal rate of return (IRR) of the above project using graphical method. (6 Marks) e. Audit committees contribute significantly to raising the standards of corporate governance if they operate effectively. Briefly comment on this statement. (4 Marks) (Total: 25 Marks)
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