a Winston Clinic is evaluating a project that costs $ and has expected net cash flows of $ per year for eight years. The first inflow occurs one year after the cost outflow, and the project has a cost of capital of percent. The cash flows look like this: Year Annual Cash Flow

$

$

$

$

$

$

$

$

$

What is the project\'s payback? Answer in years, out to two decimal places. b Using the information in the previous question, what is the project\'s NPV Answer to the nearest cent. C Using the information in the previous questions, what is the project\'s IRR? Type your answer as a percentage.