a) The electric power company Nucular & Co considers to build a new nuclear power plant. The initial investment for this project is $5.2 billion. The firm expects the power plant to run for 20 years and to produce yearly cash flows of $550 million over that period. At the end of those 20 years, the power plant must be decommissioned at a cost of $1.2 billion. However, the firm has an agreement with the government to resell the land for $100 million at the end of that 20 year period. 4 Calculate the NPV of that project, given a discount rate of 6% and state if you would undertake that project. b) Think-Link develops an innovative app that costs them $10 million and generates a yearly cash flow of $400,000 forever. Calculate and interpret the IRR of that project. (2 points)