A project proposal from company "X' is under review for term loan approved. The total investment is Tk. 10,00,000. The company expects to generate cash flows over the next 4 years as follows :

Year	Cash Flows (Tk.)	P.V. Factor @ 10%
1	2,50,000	0.909
2	3,00,000	0.826
3	3,00,000	0.751
4	2,50,000	0.683

Based on the above information calculate the Benefit Cost Ratio (BCR). Also put your comments whether the project will qualify for acceptance or not.