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Calculate the net present value (NPV) and internal rate of return (IRR) of a project which requires an initial investment of $100,000 and is expected

Calculate the net present value (NPV) and internal rate of return (IRR) of a project which requires an initial investment of $100,000 and is expected to generate a cash inflow of $50,000 each month for 12 months. Assume an interest rate of 8% per annum.

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