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Estimate the net present value of the project below by using the discount rate 7.6%. You are also required to indicate whether the project should

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Estimate the net present value of the project below by using the discount rate 7.6%. You are also required to indicate whether the project should be accepted. (Note: show your calculations) After tax cash flows Year 0: Initial investment -4,000,000 Year 1 800,000 Year 2 900,000 1,000,000 Year 3 Year 4 900,000 Year 5 800,000 From year 6 onwards 750,000 per annum

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