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De 3 Notched sincetatem Marted out of 175 Payback Period, IRR, and Minimum Cash Flows The management of Mohawk Limited is currently evaluating the following
De 3 Notched sincetatem Marted out of 175 Payback Period, IRR, and Minimum Cash Flows The management of Mohawk Limited is currently evaluating the following investment proposal Timeo Year 1 Year 2 Year 3 Year 4 initiative 5210.000 Net operating ashows $ 70,000 $ 70.000 70.000 5 70,000 tal Determine the proposal's payback period years (b) Determine the proposal's internal rate of return (Refer to Appendix 24B if you use the table approach (c) Given the amount of the inital investment determine the minimum annual net cash inflows required to obtain an internal rate of return of 14 percent. Round the answer to the nearest dollar
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