JKL Corp. is considering an investment of $7,500 with annual cash inflows of $2,000 for five years.

Requirements:

• Compute the NPV using a discount rate of 15%.
• Determine the IRR.
• Should the project be accepted based on NPV and IRR?
• Calculate the Payback Period.
• Evaluate the effect on NPV if the discount rate is adjusted to 13%.