Question: 8. Calculate the net present value (NPV) and internal rate of return (IRR) of a project which requires an initial investment of $100,000 and is

8. Calculate the net present value (NPV) and internal rate of return (IRR) of a project which requires an initial investment of $100,000 and is expected to generate a cash inflow of $50,000 each month for 12 months. Assume an interest rate of 8% per annum. You can use a spreadsheet program for your answers. (10 Points)
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