No excel.

Part B) Using the data from the data in Problem 3 above, calculate the discounted payback.

3.) You are evaluating a project that requires an initial investment of $100,000 and will provide the following stream of cash flows. Your cost of capital is 12%. Year Amount $(10,000) 10,000 (10,000) 40,000 60,000 100,000 a) (5 pts) Calculate the Modified Internal Rate of Return (MIRR) Answer Here (Show work in space below)