For each question, calculate each project's payback period and discounted payback period. Using Excel's financial functions, calculate each project's net present value, and internal rate of return. Copy and paste-special (.pdf) relevant tables in your answer

1. A facility upgrade for women's softball has a cost of $65,125, expected net cash inflows are $9,000 per year for 20 years, and a cost of capital of 11%. The project has a useful life of 20 years but your organization does not have a maximum payback period.

B.) What is the project's discounted payback period? (please show work)