An investment project costing $750,000 is expected to generate the following cash inflows over its 5-year life:

• Year 1: $150,000
• Year 2: $200,000
• Year 3: $250,000
• Year 4: $300,000
• Year 5: $350,000

Requirements:

1. Calculate the NPV at a discount rate of 12%.
2. Determine the IRR.
3. Compute the payback period.
4. Calculate the profitability index.
5. Decide if the project should be accepted if the firm's cost of capital is 10%.