Please solve question without using excel,

Q.2 (10 marks) a. Consider following project: Cost= 100,000 Years 1 Cash Flows 30,000 2 30,000 3 30,000 4 30,000 5 30,000 The market discount rate is 18%. Calculate 1. NPV 2. IRR 3. Pay back Period. Should the project be accepted? (5 marks) b. Jerome J. Jerome is considering investing in a security that has the following distribution of possible one-year returns: Probability or occurrence 0.10 0.20 0.30 0.30 0.10 Possible return -0.10 0.00 0.10 0.20 0.30 Q.2 (10 marks) a. Consider following project: Cost= 100,000 Years 1 Cash Flows 30,000 2 30,000 3 30,000 4 30,000 5 30,000 The market discount rate is 18%. Calculate 1. NPV 2. IRR 3. Pay back Period. Should the project be accepted? (5 marks) b. Jerome J. Jerome is considering investing in a security that has the following distribution of possible one-year returns: Probability or occurrence 0.10 0.20 0.30 0.30 0.10 Possible return -0.10 0.00 0.10 0.20 0.30