Q2a)What is the IRR (in percent) of a project that costs $1,000 now and produces $1,000 next year? (Write your answer in the box to the nearest two decimals without the percent sign.)I Q2bjMaggie is thinking of taking a project which will produce cash inflows of $800 a year for 4 years. The project has a 8% required rate of return and an initial cost of $2,500. What is the discounted payback period