Answer problem and show work please

22. J&J Manufacturing is considering a project with the following cash flows. Calculate the payback period of the project. 1 Year CF (100,000) 40,000 2 50,000 3 50,000 23. What is the internal rate of return of a project that has an initial outlay of S150,000 and net cash flows of $40,000 for 5 years? 24. A stand-alone capital project has the following cash flows. Year 0 1 - 5 Cash Flow ($100,000) $28,000 What is its NPV if the cost of capital is 10% 25. An investment project requires an outlay of S100,000, and is expected to generate annual cash inflows of $28,000 for the next 5 years. The cost of capital is 12 percent. Determine the modified internal rate of return for the project. 26. The following financial information is available on Rawls Manufacturing Company: Current market price $48.00 Most recent dividend $3.50 Expected growth rate 5.0% Rawls can issue new common stock to net the company S44 per share. Determine the cost of retained carnings using the dividend growth model approach