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A project with the initial investment of$1 billion gives the following cash flows Cash Flows ($) 250 million 250 million 350 million 400 million 500

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A project with the initial investment of$1 billion gives the following cash flows Cash Flows ($) 250 million 250 million 350 million 400 million 500 million 500 million Year 2 3 4 5 6 using the discount rate 15% pa compute A. B. C. D. E. Net Present Value (NPV) Internal Rate of Return (IRR) Profitability Index (Pl) Payback period Discounted payback period Using the above criteria and the required payback period of 3 years. should the project be accepted

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