(payback period, npv, pi, and irr calculations) you are considering investing in a gas pipeline project. the initial cash outlay is $8,000,000, and the pipeline is expected to generate free cash flows of $1,500,000 at the end of each year for 12 years. the required rate of return for this project is 12 percent.
a. What is the project's payback period?
b. What is the project's NPV?
c. What is the project's PI?
d. What is the project's IRR?
