XYZ company plan to proceed with Project X which will cost $105,000. The company has a target discount rate (or rate of return) of 11%. They expect generate a cash flow of $21,000 per year for 9 years. Calculate the NPV and is this a project they should proceed with? Also, calculate the internal rate of return (IRR) b. Assume NCAA Factoring plans to develop a new product line with an initial cash outlay of $10,000. The project will generate a one time cash payment of $33,093 in the 11th year. Otherwise, there will be other cash flow payments. Calculate the IRR