Question: A proposed new venture will cost $$175,000$ and should produce annual cash flows of $$48,500,$ $$85,000,$ $$40,000,$ and $$40,000$ for Years $1$ to $4,$ respectively. The required payback period is $3$ years and the discounted payback period is $3\mathrm{.}5$ years. The required rate of return is $9$ percent. Which methods indicate project acceptance and which indicate projectA proposed new venture will cost $$175,000$ and should produce annual cash flows of $$48,500,$ $$85,000,$ $$40,000,$ and $$40,000$ for Years $1$ to $4,$ respectively. The required payback period is $3$ years and the discounted payback period is $3\mathrm{.}5$ years. The required rate of return is $9$ percent. Which methods indicate project acceptance and which indicate project rejection?a$)$ The payback period is $\_\_\_\_\_\_\_$ and the project should be $($accepted$/$rejected$)\_\_\_\_\_\_\_\_\_\_$b$)$ The discounted payback period is $\_\_\_\_\_\_\_\_\_$ and the project should be $($accepted$/$rejected$)\_\_\_\_\_$c$)$ The NPV is $\_\_\_\_\_\_\_\_\_\_\_$ and the project should be $($accepted$/$rejected$)\_\_\_\_\_\_\_\_\_\_\_\_\_$d$)$ The IRR is $\_\_\_\_\_\_\_\_\_\_\_$ and the project should be $($accepted$/$rejected$)\_\_\_\_\_\_\_\_\_\_\_\_\_$e$)$ The profitability index is $\_\_\_\_\_\_\_\_\_\_\_$ and the project should be $($accepted$/$rejected$)\_\_\_\_\_\_\_\_\_\_\_\_\_$