Oriole Corporation is considering adding a new product line. The cost of the factory and equipment to produce this product is

$$1,700,000.$ Company management expects net cash flows from the sale of this product to be $$630,000$ in each of the next eight years.

If Oriole uses a discount rate of $11$ percent for projects like this, what is the net present value of this project? $($Round intermediate

calculations to $5$ decimal places, e$.$g$.0\mathrm{.}42354.$ Round answer to $0$ decimal places, e$.$g$.52\mathrm{.}25.$ Enter negative amounts using negative sign e$.$g$.$

$-45\mathrm{.}25).$

NPV $

What is the internal rate of return? $($Round answer to $2$ decimal places, e$.$g$.52\mathrm{.}50.)$

Internal rate of return Blossom Corporation is considering adding a new product line. The cost of the factory and equipment to produce this product is $$1,700,000.$ Company management expects net cash flows from the sale of this product to be $$480,000$ in each of the next eight years. If Blossom uses a discount rate of $12$ percent for projects like this, what is the net present value of this project? What is the internal rate of return?