The cost of this project is $72M today, the project will generate $18M in the first year and this cash is expected to grow by 2% each year forever. what is the NPV of this project ? should PERSON X accept this project? What is the internal rate of return (IRR) for this project? based on the IRR rule should person X accept this project? Does the IRR rule give the same answer as the new rule?

Assume that the discount rate is 20%