Suppose you are evaluating an investment project with the following free cash flows:-$1,100 at time 0. -$50 at time $700 at time 2. $600 at time 3. $400 at time 4, and -$300 at time 5. (a) Using the end-of-year convention for cash flows (except time 0). what is the NPV if the required return is 12%? [Solve for NPV by hand, and do not rely on the function key on your calculator.) Should you accept or reject the project? (b) Using the same assumptions, what is the modified internal rate of return? Use the "Excel method" for calculating MIRR. [Solve for MIRR by hand and using the y* key, and do not rely on the IRR function key on your calculator.) Should you accept or reject the project? (c) Assume the same cash flows, but also assume that cash flows are spread evenly throughout each year. What is the (standar payback? If the cut-off is 3 years, what decision should you make for this project