3- The company Euro2023 Lda. was formed recently. It intends to acquire, during this month, a land worth 20.000,00 to produce and market strawberries for jams for 3 years. With regard to planting strawberries, setting up the irrigation system, and acquiring agricultural machinery and tools essential for the development of the activity, these investments will be implemented during the last quarter of 2023. a) In terms of investment. the following information was also made available: c) Spending on plant protection products, fertilizers, etc. correspond to 20% of turnover. d) Exnenses with nersonnel and external supplies and services relate to the following: e) Working Capital Needs correspond to 10% of turnover. The company recovers 100% of the Working Capital Needs at the end of the project. f) In 2026, the company intends to complete this project, estimating at that time to be able to sell the land, irrigation system and agricultural machinery for a global value of 25.000,00 g) Also consider the following elements: Note: The values presented already include inflation when applicable. It is intended that: 1. Calculate the cash flows for each of the years of the project, including the initial investment, based on a current price methodology. (4 values) 2. Calculate the NPV, IRR and Payback Period of the project. Comment the results. (3 values) 3. What are the implications, in the feasibility analysis of the project, if the company finances the investment with 50% of foreign capital at a net rate of 7%. Make your reasoning explicit. (2 values) 4. After the acquisition of the land, the company Euro 2023, Lda. received a proposal for renting it. The terms of the contract err as follows. Lease contract for 3 years, starting on 01-01-2024, providing for the payment of an annual rent of 15.000.00 in the Ist Year, with a 5% growth in the following years. In view of this new proposal, the company Euro 2023, Lda. you must choose to rent the land or keep your strawberty planting project. Justify your answer! (For the analysis of this option, consider the cost of capital result you obtained in question 3.2 . (2 values)