The following is the capital budget data:

a$.$ Investment Value $$27500$

b$.$ Estimated value of savings $$8500$ per year

c$.$ Investment Period $=3$ years

d$.$ Discount Factors for IRR are $19\%,17\%,$ and $15\%$

e$.$ Average Discount for NPV is $13\%$

Question:

A$.$ Calculate:

$1.$ Payback Period $($PP$)$

$2.$ Internal Rate of Return $($IRR$)$

$3.$ Net Present Value $($NPV$)$

$4.$ Profitability Index $($PI$)$

B$.$ What do you think, is the project acceptable$/$feasible or not? Explain why?