A project is expected to cost $30,000, with the capital due immediately. Four annual cash flows are promised at the end of each respective year from the project as follows: Year : $4,000 Year 2: $12,000 Year 3: $33,000 The hurdle rate for the project is 12%. The manager wants projects having Payback of two years or less. 1 2 WHAT S the NPV of this project? What is the Payback What is the IRR? Do you accept the project 3