Washington Community is expecting its new dialysis unit to generate the following cash flows:

Givens	Year 0	Year 1	Year 2	Year 3	Year 4	Year 5
Initial Investment	$15,000,000
Net Operating Cash Flow		$2,000,000	$4,000,000	$5,000,000	$8,000,000	$16,000,000

a. Determine the payback for the new dialysis unit. b. Determine the NPV using a cost capital of 15 percent. c. Determine the NPV at a cost of capital of 20 percent and compute the IRR. d. At a 15 percent cost of capital, should the project be accepted? At a 20 percent cost of capital, should the project be accepted? Explain.