An investor is considering purchasing a small retail property at a price of $820,000. The investor has established a required rate of return of 14 percent. Based on the following cash flow forecast, what is the NPV of this investment opportunity? Cash flows: year 1 = 100,000; year 2 = 120,000; year 3 = 110,000; year 4 = 140,000; year 5 = 950,000. Should the investor purchase this property? What is the internal rate of return for the investment in equation 12