JKL Ltd is considering an investment of Rs. 800 lakhs in a new technology. The project is expected to yield the following earnings before depreciation and taxes over five years:

Year	Earnings (Rs. in lakhs)
1	200
2	220
3	240
4	260
5	280

The capital cost is 15%, and the technology will depreciate at 20% on a straight-line basis. The scrap value at the end of five years is Rs. 200 lakhs. Assume zero income tax.

Requirements:

1. Compute the NPV.
2. Calculate the IRR.
3. Determine the discounted payback period.
4. Evaluate the profitability index.
5. Provide a recommendation based on your financial analysis.