Year Cash Flow 0 -$82,000.00 (Initial investment) 1 $40,000.00 -$21,000.00 $20,000.00 2 3 4 5 6 1. What is the project's payback period? Will you accept the project if the required payback period is 7 years? 2. 3. 4. $30,000.00 -$10,000.00 $23,500.00 5. What is the project's fair value if you require a 5% return? What is the project's NPV? Will you accept the project? Explain why the above two techniques give you different answers. What is the project's IRR? Will you accept this project?