Carolina manufacturing company is considering a new project that will cost $200,000, last for 3 years and will generate cash-flows of $100,000 in year 1; $175,000 in year 2; and $50,000 in year 3, respectively. Carolina's required rate of return is 12 percent on such projects.
Find the (1) payback period, (2)NPV, (3) IRR, and (4) MIRR of this project.