Boost is also currently considering using virtual checkouts and automatic drink mixing machines that will eliminate the need to staff the 10 new franchises. The equipment and software is expected to cost 55% of the setup costs for each franchise now. This will save 45% of variable operating costs each year and 25% of fixed costs each year, as per part A. The equipment is expected to be sold at the end of the franchise term for 30% of the initial cost. The capital structure of Boost remains unchanged from part A. Calculate the discount rate, NPV and IRR of this project, using the project cash flows specified in this part only. Do not combine the cash flows from part A. Note: This is an independent project from part A although it is contingent on the project in part A going ahead i.e. if the part A project does not go ahead, neither will this project here