The Hudson Corporation makes an investment of $70,400 that provides the following cash flow: Year Cash Flow 1 2 3 $36,000 36,000 24,000 Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods. a. What is the net present value at a discount rate of 13 percent? (Do not round intermediate calculations and round your answer to 2 decimal places.) Net present value $ 6,284.89 b. What is the internal rate of return? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Internal rate of return