You work for a ski manufactuer. The company wants to expand into Europe. This will require an immediate investment of $80m (i.e., today). You believe it will generate positive cash flows of $10m in Year 1, $12m in Year2, and then $18m annually from Year 3 through Year 8. WACC for your company is 9%. (a) What is the project's NPV? Would you proceed with the project? What if WACC for your company is 12%? (b) What is the Project's Payback Period? (C) What is the Project's Discounted Payback Period using 9% WACC?