Question: West Plains Clinic is evaluating a project that costs $250,000 and has expected net cash inflows of $40,000 per year for eight years. The first

West Plains Clinic is evaluating a project that costs $250,000 and has expected net cash inflows of $40,000 per year for eight years. The first inflow occurs one year after the cost outflow, and the project has a cost of capital of 5%.
a. What is the project's payback?
b. What is the project's NPV?
c. What is the project's IRR?
d. What is the MIRR?
e. Is the project financially acceptable? Explain your answer.

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