Hazen Inc is planning a purchase that would require an initial outlay of $35,000 and results in a single cash inflow of $56,367.50 after five years. 1. If the cost of capital is 8%, what is the company's NPV? Round values in intermediate calculations to four decimal places. Round the answer to two decimal places. ADD COMMA. 2. What is the IRR? This problem is solved just the same way you solved for the interest rate in the TVM chapter (Chapter 6 ). This means you do not have to do ANY guessing of the rate (like you do for most IRR percentages). The TVM formula and tables will indicate the answer. Write your answer with no \% sign. Round to the nearest whole percentage. 3. If the cost of capital is 12%, should the company pursue this project? Explain WHY or WHY NOT