acers AutoSave Off New... File Home Insert Design Layout References Mailings Review Angela Walters AW LA View Help Calibri (Body) 11 A a BIU ab x, x Ap Paste Styles Editing Dictate A A Aa A A 4 Clipboard F Font G Paragraph Styles Voice Your company is considering undertaking a project to expand an existing product line. The required rate of return on the project is 8% and the maximum allowable payback period is 3 years. Questions To evaluate the project, you need to understand the following methods. Discuss the following methods and how you would use them to evaluate the project: 1. 1. 1. Payback period 2. Internal Rate of Return (IRR) 3. Simple Rate of Return 4. Net Present Value (Ctrl)