Problem 13.30A a-c (Part Level Submission) MCA Corporation is reviewing an investment proposal. The schedule below presents the initial cost and estimates of the book value of the investment at the end of each year, the net cash flows for each year, and the net income for each year. All cash flows are assumed to take place at the end of the year. The investment's salvage value at the end of each year is equal to its book value. There would be no salvage value at the end of the investment's it. Year Annual Net Income 0 1 Tnvestment Proposal Initial Cost and Book Vale Annual Cash Flows $105,900 70,900 $50,200 41,900 45,800 20.000 40,200 7.100 35.500 0 29,600 2 3 $14.000 16,300 19,200 20.000 23,000 4 5 HCA Corporation uses a 15% target rate of return for new investment proposals. ZYour answer has been saved and sent for grading. See Gradebook for score details What is the cash payback period for this proposal? (Round answer to 2 decimal places, e.. 12.52.) chhayback period 2.25 years Your answer has been saved and sent for grading. See Gradebook for score details, What is the annual rate of return for the investment (Round answer to 2 decimal places, e.o. 12.52%.) Annual rate of return 17.62 By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Attempts: 1 of 1 used c) What is the net present value of the investment? (If the net present value is negative use either a negative sign preceding the number e.g. d5 or parentheses e.g. (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 1.25124 and final answer to decimal places, e.o. 5,275.) Click here to view essable Net present value $ By accessing this Question Assistance, you will learn while you earn points based on the point Potential Policy set by your instructor