Project K

Years Cash Flows Cummulative Cash Flows PV's @ 12 % PV's @ 17 %

0 -52125 -52125
1 12000 -40125 10714.2857142857 10256.4102564103
2 12000 -28125 9566.3265306123 8766.1626123165
3 12000 -16125 8541.3629737609 7492.4466771936
4 12000 -4125 7626.216940858 6403.8005787979
5 12000 7875 6809.1222686232 5473.3338280324
6 12000 19875 6079.5734541279 4678.0631008824
7 12000 31875 5428.1905840427 3998.3445306687
8 12000 43875 4846.5987357524 3417.388487751

Discount Rate Sum of Discounted Cash Flows 59,611.68 50,485.95

0.12 7,486.68 NPV 7,486.68 (1,639.05)
0.17 15.9989% IRR
13.8947% MIRR 13.894744 (147596/52125)^(1/8) -1
3.65625 Payback period
0.12 + { 0.17-0.12} *( 59611.68 - 52125)/(59611.68-50485.95)}
16%
 FV @ 12 %

26528.17688887
23685.87222221
21148.1001984
18882.23232
16859.136
15052.8
13440
12000

147,596.32

25)^(1/8) -1

)/(59611.68-50485.95)}
 Project A Project B
-25 -20
5 10
10 9
17 6

NPV 5.0000% 3.52 2.87

NPV 7.8150% 1.81 1.81
NPV 10.0000% 0.58 1.04
NPV 11.0980% (0.00) 0.67
NPV 13.1800% (1.05) (0.00)
NPV 15.0000% (1.91) (0.55)

IRR 11.098% 13.180%

4.00

3.00

2.00

1.00

-
4.0000% 6.0000% 8.0000% 10.0000%

(1.00)

(2.00)

(3.00)
 Difference
-5
-5
1
11

7.815% Cross over rate

Colum
Colum

8.0000% 10.0000% 12.0000% 14.0000% 16.0000%

Column E
Column F
 Project A Project B
0 -6000 -18000
1 2000 5600
2 2000 5600
3 2000 5600
4 2000 5600
5 2000 5600

IRR 19.8577% 16.7976%

MIRR 17.1163% 15.5114%
NPV 14% 866.16 1,225.25
 A B PV @ 14% Project A PV @ 14% Project B
-6000 -18000
-4000 -12400 1754.3859649123 4912.2807017544
-2000 -6800 1538.9350569406 4309.0181594337
0 -1200 1349.943032404 3779.8404907313
2000 4400 1184.1605547404 3315.6495532731
4000 10000 1038.7373287196 2908.464520415

Sum of Pvs 6866.1619377169 19225.2534256074

NPV 866.1619377169 1225.2534256074

 Mitigation
-10
-60
-70
21
21
21
21
21

NPV 12% 5.70

IRR 15.2382%
Without Mitigation
-60

-60
20
20
20
20
20

12.10
19.8577%
 With
-40
-240
-280
84
84
84
84
84

NPV 17% (11.25)

IRR 15.2382%
Without
-240

80
80
80
80
80

15.95
19.8577%
 Project A
-400
55
55
55
225
225

IRR 12.2124%

0.0000% 215.00
1.0000% 192.05
2.0000% 170.27
3.0000% 149.57
4.0000% 129.89
5.0000% 111.18
6.0000% 93.37
7.0000% 76.41
8.0000% 60.25
9.0000% 44.85
NPV 10.0000% 30.16
11.0000% 16.15
12.0000% 2.76
12.2124% (0.00)
12.2193% (0.09)
13.0000% (10.02)
14.0000% (22.23)
15.0000% (33.91)
16.0000% (45.09)
17.0000% (55.78)
18.0000% (66.01)
19.0000% (75.82)
20.0000% (85.21)

250.00

200.00

150.00

100.00

50.00

-
0.0000% 5.0000% 10.0000%

(50.00)
100.00

50.00

-
0.0000% 5.0000% 10.0000%

(50.00)

(100.00)

(150.00)
 Project B
-600
300
300
50
50
49

12.2193%

149.00
134.32
120.16
106.49
93.29
80.54
68.22
56.30
44.77
33.61
22.80
12.33
2.18
0.07
0.00
(7.66)
(17.20)
(26.46)
(35.45)
(44.19)
(52.67)
(60.91)
(68.93)

Column E
Column H

10.0000% 15.0000% 20.0000% 25.0000%

 Column E
Column H

10.0000% 15.0000% 20.0000% 25.0000%

 Column E
Column H

000%
 Column E
Column H

000%
 Project S
-15000
4500
4500
4500
4500
4500

NPV 14% 448.86

Project L
-37500
11100
11100
11100
11100
11100

607.20
 Project S
-1000
900
250
10
10

NPV 10% 39.14

IRR 13%
Project L
-1000
0
250
400
800

53.55
12%
NPV 12%
IRR
MIRR
Project X Project Y
-1000 -1000
100 1000
300 100
400 50
700 50

58.02 39.94
14.1138% 16%
13.5903% 13.1020%
 0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

0.0000%
1.0000%
2.0000%
3.0000%
4.0000%
5.0000%
6.0000%
7.0000%
8.0000%
9.0000%
10.0000%
NPV 11.0000%
NPV 12.0000%
13.0000%
14.0000%
15.0000%
16.0000%
Cross over rate 16.0665%
IRR B 16.7031%
17.0000%
18.0000%
19.0000%
IRR A 20.0000%

35.00

30.00

25.00

20.00

15.00

10.00

5.00

-
0.0000% 5.0000% 10.0000%

(5.00)
Project A Project B
-12 -12 0
14.4 2.1 12.3
2.1 -2.1
2.1 -2.1
2.1 -2.1
2.1 -2.1
2.1 -2.1
2.1 -2.1
2.1 -2.1
2.1 -2.1
2.1 -2.1
2.1 -2.1
2.1 -2.1
2.1 -2.1
2.1 -2.1
2.1 -2.1
2.1 -2.1
2.1 -2.1
2.1 -2.1
2.1 -2.1
2.1 -2.1

16.0665%
2.40 30.00
2.26 25.90
2.12 22.34
1.98 19.24
1.85 16.54
1.71 14.17
1.58 12.09
1.46 10.25
1.33 8.62
1.21 7.17
1.09 5.88
0.97 4.72
0.86 3.69
0.74 2.75
0.63 1.91
0.52 1.14
0.41 0.45
0.41 0.41
0.34 0.00
0.31 (0.18)
0.20 (0.76)
0.10 (1.29)
 0.00 (1.77)

5.0000% 10.0000% 15.0000% 20.0000%

 Column F
Column H

20.0000% 25.0000%
 0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

0.0000%
1.0000%
2.0000%
3.0000%
4.0000%
5.0000%
6.0000%
7.0000%
8.0000%
9.0000%
NPV 10.0000%
11.0000%
Cross over rate 11.7071%
12.0000%
13.0000%
14.0000%
15.0000%
IRR A 15.0270%
16.0000%
17.0000%
18.0000%
19.0000%
20.0000%
 21.0000%
22.0000%
IRR B 22.2595%

100.00

80.00

60.00

40.00

20.00

-
0.0000% 5.0000% 10.0000% 15.

(20.00)
Plan A Plan B
-40 -12 -28
6.4 2.72 3.68
6.4 2.72 3.68
6.4 2.72 3.68
6.4 2.72 3.68
6.4 2.72 3.68
6.4 2.72 3.68
6.4 2.72 3.68
6.4 2.72 3.68
6.4 2.72 3.68
6.4 2.72 3.68
6.4 2.72 3.68
6.4 2.72 3.68
6.4 2.72 3.68
6.4 2.72 3.68
6.4 2.72 3.68
6.4 2.72 3.68
6.4 2.72 3.68
6.4 2.72 3.68
6.4 2.72 3.68
6.4 2.72 3.68

88.00 42.40
75.49 37.08
64.65 32.48
55.22 28.47
46.98 24.97
39.76 21.90
33.41 19.20
27.80 16.82
22.84 14.71
18.42 12.83
14.49 11.16
10.97 9.66
8.70 8.70
7.80 8.32
4.96 7.11
2.39 6.01
0.06 5.03
0.00 5.00
(2.06) 4.13
(3.98) 3.31
(5.74) 2.56
(7.35) 1.87
(8.83) 1.25
 (10.20) 0.67
(11.45) 0.13
(11.76) 0.00

Column G
Column H

00% 10.0000% 15.0000% 20.0000% 25.0000%

Column G
Column H
 Project A
-30
5
10
15
20
Discount Rates NPV A
19.1940% 0.0000% 20.00
22.5156% 1.0000% 18.53
2.0000% 17.13
16.4964% 3.0000% 15.78
15.5710% 4.0000% 14.48
crossover 13.5254% 5.0000% 13.24
6.0000% 12.05
7.0000% 10.91
8.0000% 9.81
9.0000% 8.76
NPV 10.0000% 7.74
11.0000% 6.76
12.0000% 5.82
13.0000% 4.92
14.0000% 4.05
15.0000% 3.21
16.0000% 2.40
17.0000% 1.62
18.0000% 0.86
19.0000% 0.14
IRR A 19.1940% (0.00)
20.0000% (0.56)
21.0000% (1.24)
22.0000% (1.89)
IRR B 22.5156% (2.22)
24.0000% (3.14)
25.0000% (3.73)
Project B
-30 0
20 -15
10 0
8 7
6 14
NPV B
14.00
13.14
12.30
11.50
10.72
9.96
9.24
8.53
7.85
7.19
6.55
5.94
5.34
4.75
4.19
3.64
3.11
2.60
2.09
1.61
1.51
1.13
0.67
0.23
(0.00)
(0.63)
(1.05)