Calculate the NPV and the IRR for the following project and state whether or not you would accept the new project.

Required rate of return $=9\%$

Current Prime Rate $=11\%$

Initial Outflow $=$ $$75,000$

Inflows $=$ $$25,000$ for years $1-3$

$=($$$10,000)$ for year $4$

$=$ $$30,000$ for year $5$

$=$ $$10,000$ for year $6$

a$.$ Calculate the NPV of the project.

b$.$ Calculate the IRR of the project.

c$.$ Calculate the Payback Period of the project.

d$.$ Would you accept or reject the project?