A project has an initial investment of $500,000. If the expected cash inflows from the project are $200,000 in year 1, $190,000 in year 2, $170,000 in year 3, and $150,000 in year 4, what is the projects payback? If the firms hurdle payback rate were 2.5 years, would you accept the project?

1a. Refer to problem #1. If the firms cost of capital is 14.5%, what is the projects net present value? Based on this, would you accept the project?

1b. Refer to problem #1. What is the projects profitability index (cost of capital = 14.5%)? Based on this, would you accept the project?

1c.Refer to Problem #1. What is the projects internal rate of return? If the cost of capital is 14.5% would you accept the project?

1d.Refer to Problem #1. What is the projects modified internal rate of return if the cost of capital is 14.5%. Would you accept this problem?

please answer by hand/ equation. Thank you very much for your time and attention.