The Indiantown Cogeneration Project CFATs for Thirty Years

Math Problems
Author Name
Institution Affiliation
Estimate the project's CFATs for each of the 30 years.
The CFATs, also known as Chemical Facility Anti-Terrorism Standards, are a set of security regulations set by the U.S. government for high-risk chemical facilities such as refineries, universities, electrical generating facilities and chemical plants. The Indiantown Cogeneration Project involved the construction and operation of a coal-fired plant in Martin County, Florida. Due to the sensitive nature of the business, the estimated CFATs for each of 30 years are 320*30 = 9600 chemical of interest (COI).
Using a 7.15% cost of capital, and assuming a zero salvage value, calculate the project's NPV and IRR.
The formula for calculating Net Present Value (NPV) is:
Here:
r = Discount range
Z1 = Cash flow in time 1
Z2 = Cash flow in time 2
X0 = Cash outflow in time 0 (i.e. the purchase price / initial investment)
The formula for calculating the (IRR) is as follows:
Here:
r = discount rate
Ct = net cash inflow during the period t