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 ** lower than the ... 20210311