Two young entrepreneurs decide to beguin company. They are two college classmates with a fondness for cooking, so they have decided to start small gourmet cafeteria. They have estimated that that first year (year 0): They will have to rent a central location in Madrid, for which they will have to pay a rent of 1,400 per month. Rent will increase by 2% each year. When you sign the lease with the owner, you will receive a deposit for the amount of one month. The first thing they have to do to start the business is a reform of the rented premises. This reform will have a value of 40,000. They have to invest 2,000 in kitchen utensils and in year 3 they will have to renew this material and they will spend 1,300. One year later, once the premises are renovated and ready to open (year 1): They will need to buy 3,000 worth of food, each year this amount will increase by 2%. Supplies (water, heating and electricity) will total 1,800 every two months, increasing by 2% per year. 3 They have estimated an income during the first year after the reform of 55,000. These revenues increase 4% per year, until year 3. From year 4 (inclusive) they have estimated increases of 8% each year. They have estimated variable costs of 20% of annual income. It asks: Is it posible to calculate the IRR and NPV. if it is calculate it With a opportunity cost of 10%