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5 . An investment requires 1 7 , 0 0 0 today, and produces the first cash flow of 1 2 0 0 in three

5. An investment requires 17,000 today, and produces the first cash flow of 1200 in three years (year 3). Cash flow is expected to grow at 5% a year after year 3 until eternity.
a)What is the NPV of this investment if the discount rate is 8%?
NPV =
b) What is the rate of return of this investment?
Rate of return =
How to calculate this in excel would be great!

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