Question $2(4$ points$)$:

Assume you are evaluating an investment project that requires an initial investment of $$80,000.$

The project is expected to generate cash flows of $$30,000$ in the first year, $$25,000$ in the second

year, $$20,000$ in the third year, and $$35,000$ in the fourth year. Use a discount rate of $8\%.$ Do the

following questions on Sheet $$Question $2.$

$(1).$ Calculate the NPV $($Net Present Value$)$ of the investment project using Excel's NPV function.

$(2).$ Determine the IRR $($Internal Rate of Return$)$ of the investment project using Excel's IRR

function