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Project M has a cost of $65,125, expected net cash inflows of $13,000 per year for ten years, and a cost of capital of 11%.

Project M has a cost of $65,125, expected net cash inflows of $13,000 per year for ten years, and a cost of capital of 11%. What is the project’s payback period (to the closest year)? What is the project’s NPV? What is the project’s IRR? What is the project’s discounted payback period? What is the project’s MIRR? Based on the answers to questions 1–5, should the project be accepted? Why or why not?

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