P9-9 Calculating NPV and IRR (LO1, 5] A project that provides annual cash flows of $11,100 for 7 years costs $50,658 today. Required: (a)lf the required return is 6 percent, what is the NPV for this project? (Click to select) v (b)Determine the IRR for this project. (Click to select) What is the IRR of the following set of cash flows? Year 0 1 Cash Flow -$8,524 4,500 3,400 4,600 2 3