Butler 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 $4$ percent.

If the company uses a required return of $15$ percent on this project, what are the NPV

and IRR of the project? $($Negative amounts should be indicated by a minus sign. Do not

round intermediate calculations and round your final answers to $2$ decimal places,

e$.$g$.,32\mathrm{.}16.$ Enter your IRR answer as a percent.$)$