Macrosoft has a project that requires a $15 million initial investment at year 0. This project is expected to create a stream of annual payoffs that grow at 4% per year forever, with the first payoff of $1 million arriving at year 1. Assume that the cost of capital is 12% per year. a. (5 points) What is the NPV of the project? Would you accept the project based on the NPV rule? b.(5 points) Based on the IRR rule, would you accept the project? You need to show your calculation. c. (5 points) If the required payback period is 5 years, would you accept the project based on the payback rule? Again, you need to show your work (calculations, explanations). d. (5 points) If the required payback period is 5 years, would you accept the project based on the discounted payback rule? You need to show your work (calculations, explanations).