Please do it on paper not on excel with formula so i can prepare

(b) ABC company is considering a new product line to supplement its range line. It is anticipated that the new product will involve cash investment of Rs.700,000 at time 0 and Rs.1.0m in year 1, after tax cash inflows of Rs.250,000 are expected in year 2. Rs.300,000 in year 3, Rs.350,000 in year 4, and Rs.400,000 thereafter through year 10. Through the product line might be viable after year 10, company prefers to be conservative and end all calculations at that time. (10) Required (a) If the required rate of return is 15% what is the net present value of the project, is it acceptable? (b) What is its internal rate of return