WN Example: A project requires a $100,000 investment and is expected to generate the following cash flows in the years after the investment is made: Year Cash flow $20,000 2 $40,000 $60,000 $30,000 5 $10,000 a) What is the payback period? If a firm's cutoff payback period is 3 years, should it accept the project? b) Assuming the project's cost of capital is 10%, what is the discounted payback period? If a firm's cutoff payback period is 3 years, should it accept the project? c) Assuming the project's cost of capital is 10%, what is its net present value? Should the company accept the project? d) Assuming the projects cost of capital is 10%, what is its internal rate of return? Should the company accept the project