An investment project costing $450,000 is anticipated to generate annual net cash inflows of $100,000 for 5 years. The company's tax rate is 30%.

Requirements:

1. Calculate the NPV using a discount rate of 10%.
2. Determine the IRR.
3. Compute the payback period.
4. Evaluate the project's ARR.
5. Decide if the project should be accepted if the required return is 12%.