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5. (10%) Hospital M is evaluating a project that cost $99,000 and has expected net cash inflow of $20,600, $21,500 and $20,700 for the first

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5. (10%) Hospital M is evaluating a project that cost $99,000 and has expected net cash inflow of $20,600, $21,500 and $20,700 for the first three years and $23,000 the later three years. The first inflow occurs one year after the cost outflow, and the project has a cost of capital of 10%. a. what is the project's payback (time)? (3%) Please create a table to show your cumulative cash flow for your calculation. b. what is the project's Net Present Value? Internal Rate of Return? (6%) c. Is the project financially acceptable? And why? (1%)

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