Charleston Health System is evaluating a project with the following specifics:
A projected project investment of $1,500,000 is required to complete the project,
Annual cash flows following project completion are projected to be:
	Y1	$ 225,000
	Y2	$ 300,000
	Y3	$ 375,000
	Y4	$ 450,000
	Y5	$ 450,000
	Y6	$ 375,000
The project is of average risk and Charleston's Corporate Cost of Capital is 10%
a. What is the project's payback period? (2 points)
b. What is the project's Net Present Value? (2 point)
c. What is the project's Internal Rate of Return? (2 point)
d. Is the project acceptable from a financial standpoint? (4 points)