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Question one (a) What are the limitations of the payback period technique of appraising projects? (b) IUEA electrical engineering Company limited is interested in investing shs 4,500,000 in a project B. The project's net cash inflows are given in the table below: Year 1 2 3 4 5 Cash inflow 2,000,000 1,500,000 1,000,000 1,000,000 500,000 6 1,000,000 The company's minimum acceptable rate of return is 10%. The company policy requires that projects undertaken must payback in discounted cash flow terms within 5 years. Required: (1) (11) (111) Calculate the Net Present Value of the project. Calculate the Discounted Payback Period for the project. Should the company undertake the project? Explain why