1. Payback
A project has an initial cost of $52,925, expected net cash inflows of $14,000 per year for 7 years, and a cost of capital of 12%. What is the project's payback period? Round your answer to two decimal places.
2. Discounted Payback
A project has an initial cost of $52,125, expected net cash inflows of $12,000 per year for 8 years, and a cost of capital of 12%. What is the project's discounted payback period? Round your answer to two decimal places.
3. MIRR
A project has an initial cost of $40,675, expected net cash inflows of $10,000 per year for 11 years, and a cost of capital of 10%. What is the project's MIRR? Round your answer to two decimal places.