year	cash flow
0	-1,250,000
1	425,000
2	490,000
3	385,000
4	340,000

All cash flows will occur in Erewhon and are expressed in dollars. In an attempt to improve its economy, the Erewhonian government has declared that all cash flows created by a foreign company are blocked and must be reinvested with the government for one year. The reinvestment rate for these funds is 4 percent.

If Anderson uses an 11 percent required return on this project, what are the NPV and IRR of the project?

Find

NPV	???
IRR	?????