2 Square Co is considering the purchase of new manufacturing machine, which would cost approximately [$550,000 initially, save $6,500 per month for the next 10 years and has a resale value of $50,000 in assets at the end of 10 years. i) With an interest rate of 5.5% what is this project's net present value? ii) What is this project's Internal Rate of Retum? iii) Does the IRR always have to be higher than the interest rate