Benson Designs has prepared the following estimates for along-term project it is considering. The initial investment is $32,570, and the project is expected to yieldafter-tax cash inflows of $5000

5,000 per year for 10 years. The firm has a cost of capital of 9%

.

a.Determine the net present value(NPV) for the project.

b.Determine the internal rate of return(IRR) for the project.

c.Would you recommend that the firm accept or reject theproject?