3. Consider the following project and its costs and benefits, and answer the following questions (total: 40/200 points) a. Find the net present value of this project, using a five percent discount rate. Show all your work. Indicate your final answer clearly. x b. Explain how a higher discount rate might affect the project. How does a higher discount rate affect costs and benefits that occur in the future? c. Suppose that while the costs of the project were certain to occur, the benefits were uncertain. Suppose that the benefits had only a 75% probability of occurring in any year. How would you build that in to your calculation? How might it affect the results? How might risk avoidance play into your final decision about whether to go ahead with the project