D Question 3 0.5 pts (IRR, payback, and calculating a missing cash flow) Mode Publishing is considering building a new printing facility that will involve a large initial outlay and then result in a series of positive free cash flows for 4 years. The estimated cash flows associated with this project are: YEAR PROJECT CASH FLOW O (initial outlay) ? 1 $700 million 2 500 million 3 600 million 4. 150 million If you know that the project has a regular payback of 2.9 years, what is the initial cash outlay of the project? (in millions, round to the nearest whole number.) Question 4 0.5 pts What is the project's internal rate of return %? (Round to two decimal places.)