I have a friend who offered me an opportunity to invest in the Fyre Festival version 2.0. He said that it will be highly successful and became the new Coachella or Ultra. It first version will be in 2021 and they are planning to do it in an island in Miami, they said that they are in discussions with Brickell Key Island and Grove Isle. He said that I should invest $1MM now and I will receive a share of the profits in each of the 4 next Festivals. He mentioned that the estimation of my share of the profits that they calculated is the following one: 2020: $300,000 2021: $450,000 2022: $600,000 2023: $700,000 Use a discount rate of 12% and as benchmark for recover the initial investment 3 years, calculate and answer: 123 Calculate IRR, should I invest according to this tool? NPV, should I invest according to this tool? Payback period, should I invest according to this tool? I have a friend who offered me an opportunity to invest in the Fyre Festival version 2.0. He said that it will be highly successful and became the new Coachella or Ultra. It first version will be in 2021 and they are planning to do it in an island in Miami, they said that they are in discussions with Brickell Key Island and Grove Isle. He said that I should invest $1MM now and I will receive a share of the profits in each of the 4 next Festivals. He mentioned that the estimation of my share of the profits that they calculated is the following one: 2020: $300,000 2021: $450,000 2022: $600,000 2023: $700,000 Use a discount rate of 12% and as benchmark for recover the initial investment 3 years, calculate and answer: 123 Calculate IRR, should I invest according to this tool? NPV, should I invest according to this tool? Payback period, should I invest according to this tool?