Sycamore Industries has provided the following information on a proposed project: 
Required:
a.What is the payback period for the investment?
b.What is the simple rate of return on the investment?
c.What is the internal rate of return on the investment?
Definitions:
Hormone Replacement
A treatment intended to supplement the body with hormones to treat conditions caused by hormone deficiency, such as menopause symptoms.
Weight Training
A form of physical exercise involving the lifting, lowering, or moving of weights to improve strength and endurance.
Irreversible
Incapable of being undone or altered, often used to describe processes or changes that are permanent.
Cognitive Declines
The gradual reduction in cognitive abilities, including memory, thinking, and problem-solving skills, often associated with aging.
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