Compare the following investment appraisal approaches by showing calculating output; payback period; rate of return; net present value and IRR of given firm information.(P10) Critically evaluate the outcomes of these appraisal approaches for an investment decision.(D1) and communicate these findings to the relevant investment analyst.(M3)

Year 0 1 2 3 4 5 6
Income amounts -$1000 -$200 -$200 -$200 -$200 -$200 -$200

Compare the following investment appraisal approaches by showing calculating output; payback period; rate of return; net present value and IRR of given firm information.(P10) Critically evaluate the outcomes of these appraisal approaches for an investment decision.(D1) and communicate these findings to the relevant investment analyst.(M3)

Year 0 1 2 3 4 5 6
Income amounts -$1000 -$200 -$200 -$200 -$200 -$200 -$200