Mr. Ben thought that it was now time to call his assistants together to do the appropriate analysis. Figure 3 Discount rate Coefcient of Variation Discount Rate determination 0-20 3% .21.4o 1o .41.60 14 .51.BO 16 Over .80 20 Required 1. Determine the most suitable discount rate for Child Phyr Company. 2. Make a decision on whether the project is feasible, based on NPV analysis. 3. Make a decision on whether the project is feasible, based on IRR analysis 4. Is there any drawback of using a six-year time horizon for the project? Explain. 5. Suggest other method for this capital budgeting problem faced by Mr. Ben