x = initial investment year 1 cash flow = 1,600,000 year 2 cash flow 3,000,000 year 3 3,000,000 and year 4 cash flow 3,000,000 IRR = 13.2% The level of risk exhibited by Project "Omicron is the same as that exhibited by the company's average project, which means that Project Omicron's net cash flows can be discounted using Cold Goose's 9% WACC. Given the data and hint, Project Omicron's initial investment is ?, and its NPV is ?