Assuming an investment of $ 5,000,000 is made in a project and the following flows are expected for the next 5 years:

Year 1: $ 750,000

Year 2: $ 860,000

Year 3: $ 1,200,000

Year 4: $ 2,500,000

Year 5: $ 2,600,000

For this project we take as a basis a risk-free rate of 5%, as a discount rate.

What would the Net Present Value (NPV) and Internal Rate of Return (IRR) of this investment be? Based on the result, is it financially appropriate to carry out the project?