ABC Company Limited is looking to invest in one of the Project with an initial outlay of $50,000 inflows and outflows of the project for 5 years, as shown in the below table. The company norm.... discount rate for such a project. Years Cash Inflows Cash Outflows Initial Investment $50,000 $20,000 $5,000 $14,000 $2,000 $12,000 $2,000 4 $12,000 $2,000 5 $15,000 $1,000 Interest Rate 5.00% Calculate: a) Payback period model (5 marks) b) Discounted payback model (5 marks) Net Present Value (NPV) (5 marks) Profitability Index (PI) (2 marks) Identify and explain two reasons why a company will use Profitability Index (PI) to make a decision on projects (3 marks) 123 Time left 1:42:30