3. (NPV, IRR) A company can invest $3 million in a capital budgeting project that will generate the following forecasted cash flows: Years Cash flow 1-16 $275,000 The company has an 8% cost of capital. a. Calculate the project's net present value. (2 points) b. Calculate the project's internal rate of return. (2 points) c. Should the firm accept or reject the project? (2 points) d. At what cost of capital would the firm be indifferent to accepting or rejecting this proposal? (2 points)