D Question 2, (Capital Budgeting) 20 Marks Given the following cash-flow information on Project F, answer the questions below Year Project F 0-$12,000 Initial Investment I 1 $3,500 2 $3,500 3 $3,500 453,500 Assuming an interest rate (discount rate) of 10% calculate the following Calculate the net present value (NPV) of the project al b List the steps involved in calculating and interpreting the NPV's Calculate the internal rate of return of the project O If the required rate of return is 10%, should the project be accepted or rejected? Calculate the pay back period Question 3, (Budgeting) 25 Marks