Pravo Corporation (PC) is evaluating a new project for the coming year. The project costs $1,500,000 at the beginning of the project and generates the following end-of-the-year cash inflows:

Year	CF
1	$700,000
2	$600,000
3	$500,000
4	$300,000
5	$200,000

The management expects to sell the project, at the end of year 5, for an after-tax cash of $100,000. The management believes the cost of capital of this project should be 18 percent due to the riskiness of the project.

Required: Please calculate regular payback, NPV, IRR, MIRR, and Profitability index for this project and summarize your results in a table and in two line advise the Provo management to pursue the project or not (Why?).