A company is considering a project that requires an initial investment of $400,000. The project is expected to generate the following cash flows over 5 years:

• Year 1: $80,000
• Year 2: $100,000
• Year 3: $120,000
• Year 4: $140,000
• Year 5: $160,000

Requirements:

1. Calculate the NPV if the discount rate is 10%.
2. Determine the IRR for the project.
3. Calculate the payback period.
4. Assess the profitability index of the project.
5. Decide if the project is acceptable if the company's hurdle rate is 12%.