Carla VistaCorp. management is planning to convert an existing warehouse into a new plant that will increase its production capacity by 45 percent. The cost of this project will be $7,442,350. It will result in additional cash flows of $1,580,200for the next eight years. The discount rate is10.29percent.

a.What is the payback period?(Round answer to 2 decimal places, e.g. 15.25)

The project's payback period is years

b.What is the NPV for this project?(Round intermediate calculations and final answers to 0 decimal places, e.g. 1,251. Do not round dicount factor values.)

The project's NPV is $

c.What is the IRR?(Round answer to 2 decimal places, e.g. 15.25%.)

The project's IRR is%