4. Hello Mitty Ltd is considering a project MEA as shown below. The estimated cash flows for this project is as follows: Project MEA 000 Investment (immediate cash outflow) 70 Net annual cash inflows: Year 1 40 Year 2 45 The business's cost of finance is estimate at 12 per cent. Calculate: a) The net present value for project MEA. b) The approximate internal rate of return for project MEA. c) Provide a consideration of whether or not this project should be accepted, giving a full rational for your choice. d) Both of these methodologies allow for the "Time Value of Money" you should provide a consideration of the meanings of this concept and explanation of its importance