Using your calculations in from Part 1 to Part 3:

(a) Construct a table of the annual cash flows for Waqas nailfile project.

(b) Calculate the NPV of the project using a discount rate of 10%.

(c) On the basis of the NPV, is the project acceptable? Why?

(d) Calculate the IRR of the project and compare it to a hurdle rate of 10%.

(e) On the basis of the IRR, is the project acceptable? Why?

Tax 30%