Charlie Corp (CC) has a 3-year project that costs $1,200 today and produces EBITDA of $800/year for each of the next three years (years 1-3). The asset will be fully depreciated using straight-line depreciation over the three-year life. CC estimates that projects of this riskiness have a required rate of return of 20% and CC has a marginal tax rate of 30%. Assuming that CC is financed with 100% equity then what are the IRR and NPV of the project? Alternatively, CC can issue $500 of debt today with an 8% interest rate (interest paid each year and the principal paid in year 3). How much would the NPV of the project change as a result of using $500 in debt to finance the project? (i.e. what is the present value of the interest tax shield?)