3. A third company is considering a $1,000,000 project. Cash flows over a five year period are expected to be $150,000, $280,000, $425,000, $583,000, and $801,000. The assumed WACC is 14%. Calculate a) payback, b) discounted payback, c) IRR, d) modified IRR, and e) NPV. Should the company move forward with the project? a. b. d. e. f. Calculate the payback period for the project. Calculate the discounted payback for the project. Calculate the IRR for the project. Calculate the modified IRR for the project. Calculate the NPV for the project. Should the project be accepted?

3. A third company is considering a $1,000,000 project. Cash flows over a five year period are expected to be $150,000,$280,000,$425,000,$583,000, and $801,000. The assumed WACC is 14%. Calculate a) payback, b) discounted payback, () IRR, (9) modified IRR, and e)NPV. Should the company move forward with the project a. Calculate the payback period for the project. b. Calculate the discounted payback for the project. c. Calculate the IRR for the project. d. Calculate the modified IRR for the project. e. Calculate the NPV for the project. f. Should the project be accepted