Calculate the internal rate of return (IRR) and the net present value (NPV) of a project with

Question:

Calculate the (IRR) and the (NPV) of a project with a 15% required return (WACC = 15%) and an initial investment of $3,500,000. The project has a life of 10 years and is expected to earn an annual of $700,000.
Net Present Value
What is NPV? The net present value is an important tool for capital budgeting decision to assess that an investment in a project is worthwhile or not? The net present value of a project is calculated before taking up the investment decision at... Internal Rate of Return
Internal Rate of Return of IRR is a capital budgeting tool that is used to assess the viability of an investment opportunity. IRR is the true rate of return that a project is capable of generating. It is a metric that tells you about the investment... Free Cash Flow
Free cash flow (FCF) represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Unlike earnings or net income, free cash flow is a measure of profitability that excludes the...