Jo has an opportunity to invest in her friend's clothing store in downtown Brooklyn, which imports clothing made by women in Africa. For Jo, the idea of providing artisans a market for their work represents a fantastic beyond-financial investment opportunity. But she also wants to evaluate it as a financial investment. The initial investment is $50,000 and her expected cashflows are as follows: Year 1: $4000, Year 2: $5000, Year 3: $7000, Year 4: $8000, Year 5: $9000, Year 6: $10000 Year 7: $10000

a. What is Jo's IRR on this investment?

b. What is Jo's Payback period, not using a discounted payback

c. What is Jo's NPV on this investment, assuming a discount rat of 5%

d. What else might be relevant for Jo in making this decision, from a financial and a non-financial standpoint?