3) The Diamond Corp. is considering an investment which has the following cash flows: Time Period 0 1 -2500 50 2. 3 2000 600 4 5 1000 50 6 50 17 200 8 150 It has a cut-off period of 3.5 years for payback period, 3.1 years for discounted payback period. If its weighted average cost of capital is 13% should the project be selected based on the criteria of a) payback period b) discounted payback period c) Net Present Value d) internal rate of return. SHOW YOUR WORK