Q: A project has the cash flows shown in the following table. The discount rate is 11% per annum. Answer the following questions.

a)Fill in the following table. Round your answers to 6 decimal places.

	Time	Cash in	Cash out	Net cash flow	Discount Factor	Present Value
	0	0	1600
	1	700	100
	2	900	100
	3	800	100

b) What is the Net Present Value (NPV) for this project in 2 decimal places? Explain how you found your answer.

c) Use appropriate Excel function to find the Internal Rate of Return (IRR) in 2 decimal places for this project? Explain how you found your answer.