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NPV and IRR: Unequal Annual Net Cash Inflows Rocky Road Company is evaluating a capital...

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Accounting

NPV and IRR: Unequal Annual Net Cash Inflows
Rocky Road Company is evaluating a capital expenditure proposal that has the following predicted cash flows.
REQUIRED
a. Determine the payback period.
Note: Round your answer to two decimal places. Enter 1.251 as 1.25; enter 1.255 as 1.26.
years
b. Using a discount rate of 12%, determine the net present value of the investment proposal.
Note: Round your answer to the nearest dollar.
c. Determine the proposal's internal rate of return.
Note: Round your answer to two decimal places. Enter 10.251% as 10.25%; enter 10.255% as 10.26%.
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