Consider the following four-year project. The initial after-tax outlay or after-tax cost is $210,000. Discount rate is 12%. The future after-tax cash inflows are given below. a) What is the discounted payback period? Would you go ahead with the project if your criterion is to launch projects that have payback period 3 years or less? b) What is the NPV of the project? c) What is the IRR of the project? d) Should you go ahead with the project? Discount rate: 12% 2020 2021 2022 Year 0 1 2 3 4 Cash flow $ (210,000) $ 110,000 $ 85,000 $ 80,000 $ 20,000 PV of CFs Remains to recover Discounted payback NPV IRR