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Casey Nelson is a divisional manager for Pigeon Company. His annual pay raises are largely determined by his division's return on investment (RO), which has been above 23% each of the last three years. Casey is considering a capital budgeting project that woule! require a $4,700,000 investment in equipment with a useful life of flve years and no salvage value. Pigeon Company/s discount rate is. Required: 1. What is the project's net present value? 2. What is the project's internal rate of return to the nearest whole percent? 3. What is the project's simple rate of return? 4-a. Would the company want Casey to pursue this investment opportunity? 4-b. Would Casey be inclined to pursue this investment opportunity? Answer is not complete. Complete this question by entering your answers in the tabs below. What is the project's net present value? (Round your final answer to the nearest whole dollar amount)