$4.$help solve these questions, with steps on how to use it with inputting the formulas into ExcelCHAPTER $14$: CAPITAL BUDGETING

Homework Problem $4\mathrm{.}5$

West Plains Clinic is evaluating a project that costs $$125,000$ and has expected

net cash inflows of $$30,000$ per year for $8$ years. The first inflow occurs one year

after the cost outflow, and the project has a cost of capital of $10\mathrm{.}5$ percent.

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.