CHAPTER 14: CAPITAL BUDGETING Homework Problem 4.5 West Plains Clinic is evaluating a project that costs $52,125 and has expected net cash inflows of $12,000 per year for eight years. The first in flow occurs one year after the cost outflow, and the project has a cost of capital of 12 percent. a. What is the project's payback? b. What is the project's NPV? 0001 c. What is the project's IRR? d. What is the MIRR? e. Is the project financially acceptable? Explain your