Key financial metrics for this capital budgeting project have been calculated an

Key financial metrics for this capital budgeting project have been calculated and provided by the Finance department (see below). A 14% rate of return and a payback period of less than five years are required for the project. These key metrics must include (1) payback period (2) net present value and (3) internal rate of return. (Use 6% as the weighted average cost of capital).Year 0
Year 1
Year 2
Year 3
Year 4
Year 5
(1300000)
500000
350000
475000
450000
300000
pv
438596
269314
320611
266436
155811
NPV
150768
IRR
19%
payback
800000
450000
(25000)
(475000)
(775000)
MIRR
17%In a memo to the CFO discuss the metrics and make a recommendation whether to accept or reject the project.