a Problem 6 ABC corporation is considering a three-year project that would produce the following (11 points, 9 minutes) expected cashflows: Years Cashflows -55,000 12,000 44,000 A a. Based on a required return of 7%, the NPV is $7,000. Find A (5 points) 0. 1 2 3 b. If your decision is based on the payback period criterion, you would undertake the project if it pays back within 1.5 years. In this case, would accept or reject the project? Explain (4 points) c. Based on a and b, would you accept or reject this project? Explain. (2 points)