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3. There is a project with the following cash flows: - The firm's payback period requirement is 3 years - The firms required rate of
3. There is a project with the following cash flows: - The firm's payback period requirement is 3 years - The firms required rate of return is 10% (a) What is the Payback Period and would the firm accept the project using this decision criteria? (b) What is the Discounted Payback Period and would the firm accept the project using this decision criteria? (c) What is the NPV and would the firm accept the project using this decision criteria? (d) What is the IRR and would the firm accept the project using this decision criteria? (e) What is the PI and would the firm accept the project using this decision criteria
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