A company is considering an investment in a project with the following cash flows:

Year 1: $5,000 Year 2: $7,000 Year 3: $10,000 Year 4: $12,000 Year 5: $15,000

The company requires a return on investment of 15% on all projects. Calculate the following:

1. The net present value (NPV) of the project
2. The internal rate of return (IRR) of the project

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