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A B C D E F G H J K Q3. Holy Clinic is evaluating a project that costs $67,383 and has expected net

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A B C D E F G H J K Q3. Holy Clinic is evaluating a project that costs $67,383 and has expected net cash inflows of $17,000 per year for seven years. The first inflow occurs one year after the cost 1 outflow, and the project has a cost of capital of 9 percent. (10 points) 2 3 a. What is the project's discounted payback period? (3 points) 4 5 6 b. What is the project's NPV? Its IRR? Its MIRR? (3 points) 7 8 9 NPV IRR MIRR 10 11 c. Why is the MIRR an improved measure of relative profitability compared with the IRR? (2 points) 12 13 14 d. Is the project financially acceptable? Explain your answer. (2 points) 15

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