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  3. ghost, inc., has no debt outstanding and a total m

Ghost, Inc., has no debt outstanding and a total marketvalue of $185,000. Earnings before interest...

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Accounting

Ghost, Inc., has no debt outstanding and a total marketvalue of $185,000. Earnings before interest and taxes, EBIT, are projected to be $29,000 if economic conditions are mormal. If there is strong expansion in the economy, then the EBIT will be 30% higher. If there is a recession, then EBIT will 40% lower. The company is considering a $65,000 debt issue with a 7% interest rate. The proceeds will be used to repurchase shares of stock. There are currently 7,400 shares outstamding. Ignore taxes for this problem. Suppose the company has a market to book ratio of 1.0 and stock price remains constant.
c. calculate the non-operating terminal year cash flow.
d. calculate the project's payback period
e. calculate the project's IRR
g. Calculate the projects MIRR
Please use excel and show formulas. Thank you kindly.

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