Show work hand written not excel.

#7-#9: A small factory that makes electrical components is considering a project which might generate future cash flows as follows. The company will make a decision whether they will undertake this project based on the Net Present Value analysis/Payback period/IRR method. Project: Initial investment- $100 million Net cash flows Year Year 2 Year 3Year 4 (Smillion) 34 30 40 36 7. What is the payback period of this project? If the hurdle period for the payback period method to evaluate this project is 4 years, what is your decision on this project? Around 3 years and accept 8. What is the Net Present Value of these cash flows assuming that the WACC (can used as a discount rate) of the factory is 10%? What is your decision on this project based on the result from NPV of this project? $10.346 million and accept 9. What is the IRR (Internal Rate of Return) of this project? If the WACC of the factory is 10%, what is your decision on this project? 14.58% and accept