3.1. Study the information provided below and answer the following questions. INFORMATION (20 Marks) As a management accountant with considerable expertise in strategic investment appraisal, you have been hired as a capital investment consultant by Apex Limited, a large manufacturing company, that is currently considering an investment project with the following net after-tax cash flows: Ine expectea return on similar projects in the manufacturing sector is 15%. Ignore all tax considerations. Required: 3.1.1. Determine the net present value of the project. (4 marks) 3.1.2. Determine the internal rate of return (IRR) of the project. (4 marks)