Requirement:
Keeping your task into consideration, provide answers to the following:
1. Calculate net cash flows for 10 years.
2. Evaluate the project by using the following capital budgeting techniques:
a. Payback Period (The desired payback period is 5 years)
b. Net Present Value
c. Profitability Index
3. Is there any contradiction among the results of above used techniques? What would be your final recommendation regarding the acceptance/rejection of the project? Support your recommendation with financial rationale.