TypeFijisawa, Inc. is consdiering a major expansion of its product line and has estimated the following cash flows associated with such an expansion. The initial outlay would be $1,950,000, and the project would generate incremental free cash flows of $450,000 per year for 6 years. The appropriate required rate of return is 9 percent.

Calculate the NPV.

Calculate the PI.

Calculate the IRR.

Should this be accepted?