Question 2 Project Selection Dragon Products Company is considering two projects. The projects' cash flows are as follows: I Cash Flow 0 1 2 3 4 5 6 Discount Rate PROJECT A ($10300) 2500 1730 1500 3600 3100 1200 5.8% REQUIRED 1. Find the Payback Period 2. What is the discounted PBP? 3. Calculate the Net Present Value of the project and? 4. What is the profitability index of ? I 5. Calculate the IRR of the project using trial and error method.. 6. Why is sunk cost not considered when deciding about selecting a project? Which cost is considered and why? [60 marks) NK: 3 / 3 +