The TZ Corporation is planning on building a new factory. The land for the
factory will cost	$2,260,000	payable immediately. The construction of the
factory will cost	$5,730,000	. Construction will take two years with
construction costs payable in equal installments at the start of each
year. The factory will operate for 20 years after completion. At the end of
its 20 year lifespan, it will be sold for	$5,230,000	. The discount rate
for this investment is 10%.
The factory will have operating profits of	$1,067,000	. You may assume that
operating profits flow at the end of each year of operation. You may ignore
taxes and ignore the Cost of Capital Allowance (CCA) for this problem.

a) What is the Net Present Value for the factory?
(1 Mark)(Round your answer to 2 decimal places)
b) What is the Internal Rate of Return for the factory?
(1 Mark)(Round your answer to one one-hundredth of a percent: x.xx%)
c) Should TZ Corporation build the factory?
(1 Mark)