6. Numbers 2 and 3 were the same project. In number 2, we found the NPV was (Select ] zero, and in number 3 we found the IRR was Select] than the required return. Numbers 4 and 5 were the same project. In number 4 we found the NPV was [Select ] zero, and the IRR was [Select ] the required rate of return. Note that the above relationship always holds if the project's cash flows are conventional. See question 10 and Canvas notes for definition of conventional cash flows. 7. A project requires a $1 million initial investment, and will yield incremental after-tax cash flows of $225,000 next year, and this will decline forever at rate of g = -5% per year. What is the NPV of this project if the required return is 12% per year? Enter answer in dollars, rounded to nearest dollar. Enter