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A business is looking to invest $100,000 in a new project. The expected returns for the first five years are as follows: Year 1: $18,000,

A business is looking to invest $100,000 in a new project. The expected returns for the first five years are as follows: Year 1: $18,000, Year 2: $22,000, Year 3: $26,000, Year 4: $30,000, Year 5: $34,000. Using a discount rate of 12%, compute the NPV. Additionally, find out the project's IRR.

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