You are the financial analyst for the Glad It's Finally Over Company. The director of capital budgeting has asked you to analyze a proposed capital investment. The project has a cost of $35,000 and the cost of capital is 7.5%. The project's expected net cash flows are as follows:

Year Expected Net Cash Flow

0 ($35,000)

1 $14,500

2 $11,000

3 $11,000

4 $5,000

If the cash inflows are received throughout the year, the payback period given this scenario is _____ years (Fill in the blank with your calculation result of two decimal places).

If the cash inflows are received throughout the year, the project's discounted payback period is ___ years (Fill in the blank with your calculation result of two decimal places).

The project's Net Present Value is $_______, (rounded to 2 decimal places)

The project's Internal Rate of Return is ______%, (rounded to 2 decimal places)

The project's modified Internal Rate of Return is ______%, (rounded to 2 decimal places).