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Consider the following cash flows:Year 0 1 2 3 4 5 6Cash Flow -$10,000 $2,200 $3,300 $2,500 $2,500 $2,300 $2,100A. Payback The company requires all projects to payback within 3years. Calculate the payback period. Should it be accepted orrejected?B. Discounted Payback Calculate the discounted payback using adiscount rate of 10%. Should it be accepted or rejected?C. IRR Calculate the IRR for this project. Should it be acceptedor rejected?D. NPV Calculate the NPV for this project at a rate of 10%.Should it be accepted or rejected?E. PI Calculate the Profitability Index (PI) for this project.Should it be accepted or rejected?There are two common formulas for the profitability Index:PV of Future Cash Flows/Initial Cost, accept if PI > 1.0 orNPV/ Initial Cost, accept if PI > 0