Should a company proceed with this project? Explain why/why not in relation to situations where there is:

a positive NPV

A negative NPV

IRR higher than discount rate

IRR lower than discount rate

Multiple IRRs with one higher than the discount rate and one lower than the discount rate

Within discounted payback period

Profitability index greater than 1

Profitability index less than 1

Then which methods are most significant to determining whether a company should accept or reject the project?