NPV profile of a project. Given the following cash flow of Project L-2, draw the NPV profile.Hint: Be sure to use a discount rate of zero for one intercept (y-axis) and solve for the IRR for the other intercept (x-axis).

Year

0=$240,000

Year

1=$47,000

Year

2=$72,000

Year

3=$111,000

Year

4=$133,000

What is the NPV of Project L-2 where zero is the discount rate?

$123000

(Round to the nearest dollar.)

What is the IRR of Project L-2?

(Round to two decimal places.)