Compute the NPV, Payback and IRR using a 12% as cost of capital for the following Project . The maximum allowable discounted payback is 2.5 years. Indicate whether the firm should accept or reject the project based in each of the measuring tools (NPV, Payback and IRR).

Time 0 1 2 3 4 Cash Flow -$8,000 $3,350 $4,180 $1,520 $300