novi is considering investing in a new airline project. the cost of capital is 12 percent and initial investment is $5,000,000 the project is expected to provide after tax operating cash flows of $2,500.000 in year 1, $2,300.000 in year 2, $2,200.000 in year 3 and ($1,300.000) in year 4?

calculate the project's NPV

Calculate the project's IRR

Should the firm make the investment