A project has an initial cost of $40,000, expected net cash inflows of $9,000 per year for 7 years and a cost of capital of 11%.

Year	Cash Flow	Pv @11%	Discounted Cash flows
0	-40000	1.000	-40000
1	-9000	0.9009	8108.11
2	-9000	0.8116	7304.60
3	-9000	0.7312	6580.72
4	-9000	0.6587	5928.58
5	-9000	0.5935	5341.06
6	-9000	0.5346	4811.77
7	-9000	0.4817	4334.93
IRR	12.84%	NPV	$2409.77

a. What is the projects IRR?

b. What is the project's MIRR?

c. What is the project's PI?

d. What is the projects payback period?

e. What is the project's discounted payback period?