(Ftelated to Checkpoint 11.1 and Checkpoint 11.4) (NPY and IRR calculation) East Coast Teievision is contidering a propect with an inital outtay of 5 (you will have to determine this athount). It is exptected that that project will produce a positive cash flow of S44, 000 a year at the end of each year for the nost 16 yeare. The approgriate discount rate for this project is 7 percent. If the project has an intemit sate of return of 9 percont. what is the projecrs net present value? a. It the project has an intemai rate of roturn of 9 t.. then the project's inibal outay is (Found to the nearest cont)