Acme Dog Clinic is evaluating a project that costs $69,455 and has expected net cash inflows of $15,500 per year for 6 years.

Acme Dog Clinic is evaluating a project that costs $69,455 and has expected net cash inflows of $15,500 per year for 6 years.
The first inflow occurs one year after the cost outflow, and the project has a cost of capital of 11.8%.
1. What is the project’s payback?
2. What is the project’s NPV?
3. What is the project’s IRR?
4. is the project financially acceptable? Why or why not?

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