Pharoah Corp. management is planning to convert an existing warehouse into a new plant that will increase its production capacity by 45 percent. The cost of this project will be $7,678,181. It will result in additional cash flows of $1,877,200 for the next eight years. The discount rate is 10.12 percent. Excel Template (Note: This template includes the problem statement as it appears in your textbook. The problem assigned to you here may have different values. When using this template, copy the problem statement from this screen for easy reference to the values youve been given here, and be sure to update any values that may have been pre-entered in the template based on the textbook version of the problem.) a. What is the payback period? (Round answer to 2 decimal places, e.g. 15.25)

The projects payback period is years

b. What is the NPV for this project? (Round intermediate calculations and final answers to 0 decimal places, e.g. 1,251. Do not round dicount factor values.)

The projects NPV is $

c. What is the IRR? (Round answer to 2 decimal places, e.g. 15.25%.)

The projects IRR is %