Calculate the NPV at 12% and the IRR for the following project. Find IRRs to the nearest whole percent.

A. An initial outflow of $10,000 followed by three inflows of $4,000

B. An initial outflow of $10,00 followed by three inflows of $3,000, $4,000, and $5,000.

C. An initial outflow of $10,00 followed by $5,000, $4,000, and $3,000.

D. Notice that parts (a),(b), and (c), a total of $12,000 is received over three years. Compare the NPVs and IRRs to see the impact of shifting $2,000 between years 1 and 3.