A project has a $$400,000$ initial investment. The cash flows from the project's implementation are $60,000$ for the first seven years, and $$30,000$ for the next seven years. Use $i=10\%$

Please calculate:

i$.$ The Payback Period figure.

ii$.$ The discounted payback period.

iii. The NPV of the project.

$($iv$)$ The profitability index of the project.

iv$.$ The IRR of the project.

Use $($iii$)$ above to determine if the project should be accepted.

$(2)$ :

Probability Distribution Table:

State Probability Return

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