"Anatomy of a Fall" Company is considering the following project.

Cost of depreciable machinery for project. $5,000,000$

Earning Before Depreciation and Taxes $($EBDT$)1,000,000$

Life in years $10$

Tax rate $22\%$

Cost of Capital $10\%$

Gain or $($Loss$)$ at end of project from decommission. $1,200,000$

What is the NPV$?$

What is the IRR?

Should they do the project? Why?

Approximately what would the Earnings before Depreciation and Taxes $($EBDT$)$ be if the IRR were: $66\%$