Q1. Consider the following cash flows:YearCash Flow 0.-$33,5001. 13,5002.18,2003.10,900What is the IRR of thecash flows?(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.

Q2. Consider the following cash flows:YearCash Flow 0. $5,4001. 1,6002. 2,7003. 1,4004. 1,100What is the payback period for the cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)