Important: . Please type the number without the comma sign. Keep 2 decimal places. Bill plans to open a do-it-yourself dog bathing center in a storefront. The bathing equipment will cost $100,000. Bill expects the incremental net operating cash flows to be $30,000 in the first year, $80,000 in the second year, and $60,000 in the third year, after which he plans to scrap the equipment and retire to the beaches of Jamaica. WACC is 10%. a. What is the project's NPV? (2 points) NPV 38463 b. What is the project's discounted payback period? (5 points) year CF Discounted CF Cumulative discounted CF 0 1000 1000 -1000 1 300 27273 -72727 2 800 66112 -6615 3 600 45078 38463 Discounted payback period 2.15 years C. A project has the following cash flows: Year 0 2 3 4 Cash flows $2.700 $650 +X $1,400 This project requires one outflows at Year O followed by four positive cash flows. Its WACC is 10%, and its MIRR is 7.8367%. Year 2 and Year 3 cash flows are equal. What is the Year 2 and Year 3 cash inflows? (5 points) Pv= +X fva N- 1=1 % X