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What is the NPV for a project if its cost of capital is 5 percent and its initial after-tax cost is $6,000,000 and it is

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What is the NPV for a project if its cost of capital is 5 percent and its initial after-tax cost is $6,000,000 and it is expected to provide after-tax operating cash inflows of $3,500,000 in year 1 . $3,000,000 in year 2 ( 5 Points)? What is the IRR of the project? (3 Points) Would you accept this project? Why? Explain your answer using NPV and IRR. ( 2 points)

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