Year	Cash Flow
0	-$3,200
1	$900
2	$1,000
3	$1,100
4	$1,200
5	$1,500

Cost of Capital: 8%

1. Calculate the Net Present Value (NPV).
2. Calculate the Internal Rate of Return (IRR).
3. Determine the Payback Period.
4. Calculate the Discounted Payback Period.
5. Decide if the project should be undertaken.