Use the following information to complete the project:

This project's cash flows are

Time	0	1	2	3	4	5
Cash Flow	-$221,500	-$94,100	$135,425	$68,000	$204,000	$99,225

The required rate of return for this project is 16%

Maximum allowable payback and discount payback statistics for the firm are 3 and 4 years, respectively

The firm has a capital structure of 75% equity, 5% preferred stock, and 20% debt

The firms before-tax cost of equity is 17.5%, its cost of preferred stock is 12%, and its cost of debt is 15%

The firms debt interest is fully tax deductible

The firms tax rate is the standard corporate tax rate

Based on the above information, calculate the following capital budgeting decision methods

NPV

Payback

Discounted Payback

IRR

PI

Firm-wide WACC

Evaluate this project for each capital budgeting decision method to determine if the project should be accepted or rejected (note: determine the feasibility of the project for EACH method)

Make a final project acceptance or rejection proposal using key finance concepts from the course to support your proposal*