CCC Inc. is considering a project with the following cash flows. C0 C1 C2 C3 ($7,800) $2,300 $3,500 $4,153 a. CCC has a policy of rejecting all projects that dont pay back within three years outright, and analyzing those that do more carefully with time value based methods. Does this project warrant further consideration? b. Should CCC accept the project based on its NPV if the companys cost of capital is 8%? Is the recommendation definite or marginal? c. What conclusion will the firm reach Based on PI and an 8% cost of capital? Is the recommendation definite or marginal?