Use the following information to answer the next three questions. Consider the following cash flows:

Year	Cash Flow
0	-$2,420,000
1	1,180,000
2	620,000
3	760,000
4	1,140,000

Assume a discount rate of 17.4 percent.

What is the payback period? Round your answer to two decimal places.

What is the net present value (NPV) rounded to the nearest dollar?

What is the internal rate of return?

Please do not use excel to show the work, I have to do the work by hand and show for any credit.