Question 1. (20 pts) A project manager is working on justification of a project. Since very little information is known about the project, some rough estimates have been gathered. Following table isprepared to show the cash inflow and outflow for the following years: a) What is the payback period for this project? b) If the required rate of return is 20%, is the project mentioned above acceptable? Use NPV. c) Calculate profitability index to determine if the project acceptable. Use 20% interest rate. d) If the required rate of return is accepted as 15%, how this affects the NPV of the project. There is no need for calculation, only make comment. NOTE: Show the calculations for the question a,b, and c and fill in the table below. Question 1. (20 pts) A project manager is working on justification of a project. Since very little information is known about the project, some rough estimates have been gathered. Following table isprepared to show the cash inflow and outflow for the following years: a) What is the payback period for this project? b) If the required rate of return is 20%, is the project mentioned above acceptable? Use NPV. c) Calculate profitability index to determine if the project acceptable. Use 20% interest rate. d) If the required rate of return is accepted as 15%, how this affects the NPV of the project. There is no need for calculation, only make comment. Question 1. (20 pts) A project manager is working on justification of a project. Since very little information is known about the project, some rough estimates have been gathered. Following table isprepared to show the cash inflow and outflow for the following years: a) What is the payback period for this project? b) If the required rate of return is 20%, is the project mentioned above acceptable? Use NPV. c) Calculate profitability index to determine if the project acceptable. Use 20% interest rate. d) If the required rate of return is accepted as 15%, how this affects the NPV of the project. There is no need for calculation, only make comment. NOTE: Show the calculations for the question a,b, and c and fill in the table below. Question 1. (20 pts) A project manager is working on justification of a project. Since very little information is known about the project, some rough estimates have been gathered. Following table isprepared to show the cash inflow and outflow for the following years: a) What is the payback period for this project? b) If the required rate of return is 20%, is the project mentioned above acceptable? Use NPV. c) Calculate profitability index to determine if the project acceptable. Use 20% interest rate. d) If the required rate of return is accepted as 15%, how this affects the NPV of the project. There is no need for calculation, only make comment