Is the project financially acceptable and explain answer

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Winston Clinic is evaluating a project that costs $52,125 and has expected net cash flows of $12,000 per yer for eight years. The first inflow occurs one year after the cost outflow, and the project has a cost of capital of 12 percent.

Question a. What is the project's payback?

Question b. What is the project's NPV? It's IRR?

Question c. Is the project financially acceptable? Explain your answer?

Reference no: EM132588218

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