last digit of SYSTEM Idi is 39

Question No. 2: (9 Marks) ABC Company is considering the replacement of two old machines with a new, more efficient machine. It has determined that the relevant after-tax incremental operating cash flows of this replacement proposal are as follows: END OF YEAR 0 1 12 3 14 5 16 7 Cash flows -$404,424 -$86,8905106,474 891,612, 584,801 584,801 575,400 566,000 $92,400 Calculate project's payback period, net present value, and profitability index using a discount rate in percentage terms equal to sum of last two digits of your system ID. Is the project acceptable