Final answer:
The question involves the calculation of various financial metrics such as NPV, IRR, MIRR, payback period, and discounted payback period for a capital investment project, within the field of Business at the College level.
Step-by-step explanation:
The subject of the question deals with the evaluation of a capital investment project using various financial metrics, specifically the calculation of the project's net present value (NPV), internal rate of return (IRR), modified internal rate of return (MIRR), payback period, and discounted payback period. This falls under the domain of Business, specifically within the topics of finance and capital budgeting. The level of understanding required to address problems like these is typically found at the College level. To begin calculating these various metrics, we need to understand their definitions and the formulas used to compute them.
Net present value (NPV) is a method used to determine the value of an investment by analyzing the present value of its net cash flows over a period of time, discounted at a certain rate of interest, which is referred to as the cost of capital. The internal rate of return (IRR) is the discount rate that makes the NPV of an investment zero, which helps in determining the profitability of potential investments. The modified internal rate of return (MIRR) is a more accurate reflection of an investment's profitability, considering the cost of borrowing and the safe rate of reinvestment for cash flows. The payback period measures the time required for the cash inflows from a capital investment project to equal the initial outlay, indicating the risk and liquidity of the investment. Lastly, the discounted payback period is a variation of the traditional payback period that takes the time value of money into account, providing the time it takes for a project to break even in NPV terms.
In the context of the question, these metrics must be calculated using the provided initial investment, annual cash inflows, and the cost of capital. The values provided (e.g. NPV of 59000, IRR of 7, MIRR of 5.59, etc.) are likely incorrect and would need to be recalculated based on the financial details given.