Hilbert College Department of Business Administration BUS-346 Exam #3 John D'Amico Spring 24 Answer all questions: 1. A project has a $400.000 initial investment. The cash flows from the project's implementation are 60.000 for the first seven years. and $30.000 for the next seven vears. Use i=10% Please calculate: 1. The Payback Period figure. it. The discounted payback period iii. The NPV of the project. (1v) The profirability index of the project. 1. The IRR of the project. Use (iii) above to determine if the project should be accepted. @: Probability Distribution Table: State Probability Return i 0.6 10% 2 0.2 13 3 0.2 14 1.0 Calculate standard deviation, and state how this number should be used