Question Help Payback, NPV, and IRR Rieger International is evaluating the feasibility of investing $87 000 in a pece of equipment that has a 5-year ite The temas ested the cash inflows associated 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 ner present value (NPV) for the proposed investment c. Calculate the sternal rate of return (IRR), rounded to the nearest whole percent, for the proposed investment d. Evaluate the acceptability of the proposed investment using NPV and IRR What recommendation would you make relative to implementation of the proch a. The payback period of the proposed investment is ) years (Round to two decimal places) Year (t) 1 AN Cash inflows (CF) $20,000 $30,000 $25,000 $20,000 $40,000 5 Print Done ITUTUR TICON ICT