Consider the following project with investment and payoffs over the next 13 years. Assuming required rate of return of 14%, 1. Compute the NPV, 2. Compute the NPV over the next 10 years, 3. Compute the NPV over the next 5 year, 4. What would be the required rate of return so that the project breaks even in 10 years

Year	Outflow	Inflow
0	2,000,000	0
1	3,000,000	0
2	4,000,000	0
3	600,000	1,000,000
4	900,000	1,500,000
5	1,200,000	3,000,000
6	1,600,000	4,000,000
7	2,000,000	5,000,000
8	2,400,000	6,000,000
9	2,800,000	7,000,000
10	2,400,000	6,000,000
11	2,000,000	5,000,000
12	1,600,000	4,000,000
13	1,200,000	3,000,000