Inzaghi Ltd is evaluating a capital expenditure proposal that has the following forecast cash flows: Original investment 45,000 Cash flow: Year 1 Year 2e 17,500 25,000 15,000 Year 3 Scrap Value Discount rate 14% Requiremente a) Compute the net present value of the investment. 10 Marks b) Compute the proposal's internal rate of return and payback period. 10 Markse c) Compare and contrast the advantages and disadvantages of the net present value, the internal rate of return and the payback period as methods for investment appraisal. Should Inzaghi Ltd accept the capital expenditure proposal? Clearly explain your reasons.