JKL Enterprises is evaluating a project that requires an initial investment of ₹18,000 and has a life of 4 years. The company’s required rate of return is 11%. The project will be depreciated on a straight-line basis. The net cash flows (before taxes) expected to be generated by the project and the present value (PV) factor (at 11%) are as follows:

Year	1	2	3	4
Cash inflow (₹)	5,000	5,000	5,000	5,000
PV factor (at 11%)	0.901	0.812	0.731	0.659

Requirements:

• Compute the NPV of the project.
• Determine the payback period.
• Calculate the profitability index.
• Assess the IRR.
• Recommend whether JKL Enterprises should undertake the project.