3 Assignments Help Save & Exit Check my Problem 8-15 NPV/IRR (LO1, 2) Growth Enterprises believes its latest project, which will cost $94,000 to Install, will generate a perpetual growing stream of cash flows. Cash flow at the end of the first year will be $7,000, and cash flows in future years are expected to grow indefinitely at an annu rate of 6% a. If the discount rate for this project is 10%, what is the project NPV? (Do not round Intermediate calculations.) NPV $ 116,686 b. What is the project IRR? (Do not round Intermediate calculations. Enter y cent rounded to 2 decimal places.) IRR %