You are evaluating an investment project, Project ZZ, with the following cash flows:

Period Cash flow

0 - $100,000

1 35,027

2 35,027

3 35,027

4 35,027

Calculate the following:

(a) Payback period

(b) Discounted payback period, assuming a 10% cost of capital

(c) Discounted payback period, assuming a 16% cost of capital

(d) Net present value, assuming a 10% cost of capital

(e) Net present value, assuming a 16% cost of capital

(f) Profitability index, assuming a 10% cost of capital

(g) Profitability index, assuming a 16% cost of capital

(h) Internal rate of return

(i) Modified internal rate of return, assuming reinvestment at 0%

(j) Modified internal rate of return, assuming reinvestment at 10%

I solved a to h, Remaining i and j