The Blaker Company is considering undertaking a project that is expected to generate the following cash $-$flow streams:

Now $$100,000$

End of year $1,$$$50,000$

End of year $2$$$50,000$

End of year $3$$$$50,000$

What is the net present value and the internal rate of return of the project? What is the payback period? Explain how you calculated your solution.