MetaA project that costs $$2,500$ to install will provide annual cash flows of $$600$ for the next $6$ years. The firm accepts projects with payback periods of less than $5$ years.

a$.$ What is this project's payback period?

Note: Round your answer to $3$ decimal places.

b$.$ Will the project be accepted?

c$-1.$ What is the project NPV if the discount rate is $2\%?$

Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to $2$ decimal places.

c$-2.$ Should this project be pursued?

d$-1.$ What is the project NPV if the discount rate is $12\%?$

Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to $2$ decimal places.

d$-2.$ Should this project be pursued?

e$.$ Will the firm$$s decision change as the discount rate changes?A project that costs $$2,500$ to install will provide annual cash flows of

$$600$ for the next $6$ years. The firm accepts projects with payback

periods of less than $5$ years.

a$.$ What is this project's payback period?

Note: Round your answer to $3$ decimal places.

b$.$ Will the project be accepted?

c$-1.$ What is the project NPV if the discount rate is $2\%?$

Note: Negative amount should be indicated by a minus sign. Do no

round intermediate calculations. Round your answer to $2$ decimal

places.

c$-2.$ Should this project be pursued?

d$-1.$ What is the project NPV if the discount rate is $12\%?$

Note: Negative amount should be indicated by a minus sign. Do no

round intermediate calculations. Round your answer to $2$ decimal

places.

d$-2.$ Should this project be pursued?

e$.$ Will the firm's decision change as the discount rate changes?