3. Understanding the IRR and NPV Thenet present-value. (NPV)-and-internalirate of return (IRR)-methods-of investment analysis are interrelated and are sometimes used together to make capital-budgeting decisions- Gonsider-the case of Cute Camel Woodcraft Companyt: Last Tuesday, Cute Camel Woodcraft Company lost a portion of its planning and financial data when both its inain and its backup senvers: crashed. The company's CFO remembers that the internal rate of return (IRR) of Project zeta is 14.6%, but he-can't recall how- much Cute Camel originally invested in the project nor the project's net present-value (NPV). However, he found anote that-detailed the annual net cash flows expected to be generated by Project Zeta. They are: The CFO has asked you to compute Project Zeta's initial investment using the information currently available. to you. He has:offered the following: suggestions and observations: - A project's IRR represents the return the project would-generate when its NPV is zero or-the discounted-value of its caskin inflows. equals the discounted value of its cash outflows - when the cash flows are discounted using the project's IRR. - The level of risk exhibited by Project Zeta is the same as that exhibited by the company's average project, which means thaf:projectZeta's net cash flows can be discounted using Cute Camel's 9\% WACC. Given the data and hints, Project Zeta's initial investment is dollar). and its NPV=15 (rounded to the nearest whole