Payback, NPV, and IR Rieger international is valuating the feasibility of investing $7,000 na plece of equipment that has a 5-year life. The firm has estimated the cash inflows asociated with the proposal as shown in the following table! The firm has a 9% cost of capital a. Calculate the payback period for the proposed investment b. Calculate the present wale (NPT) for the proposed investment c. Calculate the bernal rate of retur (IRR), rounded to the newest whole percent for the proposed investment 6. Evaluate the acceptably of the proposed investment using NPV and IRR What recommendation would you make relative to implementation of the project? The payback period of the proposed investment is year. Round to two decimal places) The NPV at the proposed investment is $(Round to the nearest cent) Data Table The of the proposed investment in I (Round to we decimal places) d. Should legeremational accept or reject the proposed investment? (Select the best answer below) (Click on the icon here in order to copy the contents of the datatable below into a spreadsheet) O A. Accept Year Cash flows On Red 1 120.000 2 120.000 $35.000 520.000 5.30.000 3 5