Question: Just answer 2nd question Kingbird Corporation is considering adding a new product line. The cost of the factory and equipment to produce this product is

 Just answer 2nd question Kingbird Corporation is considering adding a new

Just answer 2nd question

Kingbird Corporation is considering adding a new product line. The cost of the factory and equipment to produce this product is $1,600,000. Company management expects net cash flows from the sale of this product to be $580,000 in each of the next eight years. If Kingbird uses a discount rate of 12 percent for projects like this, what is the net present value of this project? (Round intermediate calculations to 5 decimal places, e.g. 0.42354. Round answer to 0 decimal places, e.g. 52.25. Enter negative amounts using negative sign e.g. -45.25.) NPV $ What is the internal rate of return? (Round answer to 2 decimal places, e.g. 52.50.) Internal rate of return %

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