Payback period, NPV. Pl, and IRR calculations) You are considering a project with an inlial cash outay of $90.000 and expected free cash fows of $25,000 athe end of each year for 7 years. The required rate of return for this project is 7 percent. a. What is the project's payback period? b. What is the projects NPV? est c. What is the projects Pr d. What is the project's IRR