1) solve for IRR

2) solve for maximum deviation

You are considering opening a new plant. The plant wil cost 597.9 millon up front and will take one year to build. Afer that it is expected to produce profits of $30.4 million at the end of every year of procuction (starting wo yeins from now). The cash flows are expected to last forever. Calculate the NPV of this investment opportunity if your cost of capital is 8.2%. Should you make the investment? Calalate the IRR and use it to determine the maximum deviabon allowable in the cost of captal estimate to leave the decision unchanged. The NPV of the project will be $24,74 millon. (Round to one decimal place.) You make the investment (Select from the drop-dawn menc.) The lRR is F. (Round to two decimel places)