You are considering a project with an initial cash outlay of $80,000 and expected free cash flows of $25,000 at the end of each year for 5 years. The required rate of return for this project is 9 percent.

a) the project's payback period is ____ years. ( Round to two decimal places)

b) the project's NPV is $_____ (Round to the nearest cent)

c) The project's PI is _____ (Round to three decimal places)

d) The project's IRR is ____% (Round to two decimal places)