a & b

P10-19 (similar to) Question Help NPV and IRR Benson Designs has prepared the following estimates for a long-term project is considering. The initial investment is $22,620, and the project is expected to yield after-tax cash inflows of $5,000 per year for 7 years. The firm has a cost of capital of 9% Determine the net present value (NPV) for the project b. Determine the intamal rate of rum (IRR) for the project c. Would you recommend that the firm accept of the project The NPV of the project is $ . (Round to the nearest cent)