a) XYZ company has determined that the appropriate discount rate ( k) for this project is 18%. Calculate the NPV based on the following cashflows: a) An mvestment of $1,000 will return $800 at the end of each of the next 4 years. What is its internal rate of return? - Should the project be accepted if the Hurdle Rate is 15% ? Q2 What criticisms may be offered against the payback method