C.Winston 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 inflow occurs one year after the

cost outflow, and the project has a cost of capital of 12%.What is the projects MIRR?

(hint: remember to put the answer as a percentage)

D.

The director of capital budgeting for Big Sky Health System, Inc. has estimated the

following cash flows for a new service and has a cost of capital of 10%.What is the projects payback period?

Year Expected Net Cash Flow 0 (100,000) 1$ 70,000 2 50,000 3$ 20,000