A project requires an initial investment of $8 million, and is anticipated to generate a single cash flow of $13 million in 4 years. What is the internal rate of return on the project? Enter answer in percents, accurate to two decimal places. Question 3 1 pts A machinery upgrade project will cost $11 million, and produce cost savings of $5 million in perpetuity. What is the project NPV if the required rate of return is 11% ? Enter answer in millions, to two decimal places