Question1: Discounted Cash Flow (NPV) & Profitability Index (PI). a. The PM has to decide whether a five-year financial project shall be accepted or rejected? The project has net cash flows of $40,000, $50,000, $60,000, $70,000, $80,000 in the next five years. It will cost $150,000 to implement the project. If the hurdle rate is 20 percent, conduct a discounted cash flow calculation to determine the NPV to be the basis of your decision. PVS Years Cash Flows 0 ($150,000) 1 $40,000 2 $50,000 3 $60,000 4 $70,000 5 $80,000 Total NPV b. Based on the NPV determined in Question 1.a, should the project be accepted or rejected using profitability index