Anderson International Limited is evaluating a project in Erewhon. The project will create

the following cash flows:

All cash flows will occur in Erewhon and are expressed in dollars. In an attempt to

improve its economy, the Erewhonian government has declared that all cash flows

created by a foreign company are "blocked" and must be reinvested with the

government for one year. The reinvestment rate for these funds is $3$ percent. If Anderson

uses a required return of $14$ percent on this project, what are the NPV and IRR of the

project? $($A negative answer should be indicated by a minus sign. Do not round

intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Enter your IRR as a percent.$)$