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The director of capital budgeting for Big River Health Systems Inc. has estimated the following cash flows (in thousands of dollars) for a proposed new

The director of capital budgeting for Big River Health Systems Inc. has estimated

the following cash flows (in thousands of dollars) for a proposed new service:

Year Expected Net Cash Flow ($)

0 (100)

1 70

2 50

3 20

The project's opportunity cost of capital is 10 percent.

a. What is the project's payback period?

b. What is the project's NPV?

c. What is the project's IRR?

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