This report evaluates a project's financial viability using Net Present Value (NPV), Internal Rate of Return (IRR), and payback period methods. The NPV is calculated to be $42,348, indicating the project is acceptable as it increases shareholder wealth. The IRR is found to be 32.40%, exceeding the 10% discount rate, further supporting the project's feasibility. The payback period is estimated at three years, which is less than the project's five-year life. The report concludes that the project should be accepted because it has a positive NPV, an IRR greater than the cost of capital, and a payback period shorter than the project's lifespan, ultimately enhancing value for the shareholders. This document is available on Desklib, where students can find similar solved assignments and study resources.