3. Beth, inspired by her study trip to Italy, wants to start a wood-fired brick open pizza business - on wheels. She'll build the oven on a trailer and carry it to craft fairs and other outdoor events, as well as cater parties. She has estimated the relevant costs and benefits and created the following time line showing the project's after-tax cashflows. Year 5 CFs include proceeds from sale of the business. 9 pts 0(62,300)14,800211,600322,600433,500576,000 Calculate the NPV and IRR assuming a RRR of 20%, evaluate the project by each approach. NPV Evaluation: IRR Evaluation: P Evaluation: " Pl= Profitability Index PI=PV/IO and a PI>1.0 signifies a "good" project