Ivanhoe Corporation is considering adding a new product line. The cost of the factory and equipment to produce this product is $1,738,000. Company management expects net cash flows from the sale of this product to be $400,000 in each of the next eight years. If Ivanhoe uses a discount rate of 13 percent for projects like this, what is the net present value of this project? (Round intermediate calculations to 6 decimal places and answer to 2 decimal places, e.g. 52.50. Enter negative amounts using negative sign e.g. -45.25.) NPV $ What is the internal rate of return? (Round intermediate calculations to 6 decimal places and answer to 2 decimal places, e.g. 52.50.) Internal rate of return %

Ivanhoe Corporation is considering adding a new product line. The cost of the factory and equipment to produce this product is $1,738,000, Company management expects net cash flows from the sale of this product to be $400,000 in each of the neat eight years. If twanhoe uses a discount rate of 13 percent for projects like this, what is the net present value of this project? (Round intemedlate calculations to 6 decimal places and answer to 2 decimal ploces eg 52.50. Enter negative emounts using negative s(gn es. 45.25 ) NPV What is the intermal rate of return? (Round intermediate colculations to 6 decimal places and onswer to 2 decimal places, es. 52.50 ) Internal rate of return