Problem: Project Evaluation Methods at Cott Beverages Cott Beverages is considering the purchase of a bottling machine for CAD 28,000. It is expected to have a useful life of seven years with a zero terminal disposal price. The plant manager estimates the following cash savings: a Year 1 2 3 4 5 6 7 Total Amount (CAD) 10,000 8,000 6,000 5,000 4,000 3,000 3,000 39,000 I Cott has an RRR of 16.0%. REQUIRED: 1. Compute the payback period. Compute the discounted payback period. 2. 3. Compute the NPV. 4. Compute the IRR 5. Compute PI