Please show all work and/or formulas.

A4 fx West Plains Clinic is evaluating a project th- A B D E F G 1 CHAPTER 14: CAPITAL BUDGETING 2 Homework 4.5, Chapter 14 3 4 West Plains Clinic is evaluating a project that costs $72,500 and has 5 expected net cash inflows of $18,000 per year for seven years. The first 6 inflow occurs one year after the cost outflow, and the project has a cost 7 of capital of 5 percent. 8 9 a. What is the project's payback? 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 b. What is the project's NPV? 26 27 28 29 c. What is the project's IRR? 30 31 32 d. What is the MIRR? 33 34 35 e. Is the project financially acceptable? Explain your answer. 36 37