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Bramble Corporation is considering adding a new product line. The cost of the factory and equipment to produce this product is $1,800,000. Company management expects

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Bramble Corporation is considering adding a new product line. The cost of the factory and equipment to produce this product is $1,800,000. Company management expects net cash flows from the sale of this product to be $590,000 in each of the next eight years. if Bramble uses a discount rate of 10 percent for projects like this, what is the net present value of this project? (Round intermediate calculations to 5 decimal places, eg. 0.42354. Round answer to O decimal places, eg. 52.25. Enter negative amounts using negative signeg. -45.25.) NPV What is the internal rate of return? (Round answer to 2 decimal places, eg. 52.50) Internal rate of return %

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