Calculate the discounted payback period of a project with a discount rate of 3% and these cash flows: Period 0: -1000 Period 1: 793 Period 2: 95 Period 3: 1217 Answer in years round to the nearest hundredth.

Compute the internal rate of return for the following cash flows: Period 0: -2000 Period 1: 1500 Period 2: 550 Period 3: 325 Enter your answer in percent and round to the nearest 0.01.