All techniques Rieger International is evaluating the feasibility of investing $101,000 in a piece of equipment that has a 5-year life. The firm has estimated the cash inflows associated with the proposal as shown in the following table: The firm has a cost of capital of 11% a. Calculate the payback period for the proposed investment . b. Calculate the discounted payback period for the proposed investment . . Calculate the net present value (NPV) for the proposed investment. d. Calculate the probability index for the proposed investment . e. Calculate the internal rate of return () for the proposed investment . f. Calculate the modified internal rate of return (MIRR) for the proposed investment g. Evaluate the acceptability of the proposed investment using NPV, IRR, and MIRR

\begin{tabular}{cc} \hline Year (t) & Cash inflows (CFt) \\ \hline 1 & $30,000 \\ 2 & $30,000 \\ 3 & $35,000 \\ 4 & $25,000 \\ 5 & $30,000 \\ \hline \end{tabular}