1.

Net Present Value (NPV) :

NPV= -IO+CF/i
= -30125700+8400, 000/ (1+0.19) + 8400500/ (1+0.19)2+ 8500, 000/ (1+0.19)3+ 8654,
000/ (1+0.19)4
=-30125700+7058824 +5932138 + 5044035 + 4315480
NPV= -7775223
2. Profitability Index :
PI = [CF/ (1+i)t]/IO
= 8400,000/(1+0.19)+8400,500/(1+0.19)2 + + 8500,000/(1+0.19)3+
8654,000/(1+0.19)4/30125700
= 7058824 + 5932138 + 5044035 + 4315480/30125700
=22350477/30125700
PI =0.742