Superfast Bikes is thinking of developing a new composite road bike. Development will take 6 years and the cost is $208,500 per year. Once in production, the bike is expected to make $296, 102 per year for 10 years. The cash inflows begin at the end of year 7. Assuming the cost of capital is 8.3% per annum: a. The NPV of this investment opportunity is $ (Round your answer to the nearest dollar) b. The IRR of this investment opportunity is (Round your answer to two decimal places) Note: The IRR for this question will require Excel or a financial calculator. Students will not be required to do this in an exam unless you are told explicitly to do so. If the cost of capital is 8.3%, the maximum deviation allowable in the cost of capital estimate to leave the decision unchanged is (Round your answer to two decimal places)