Year	Cash Flow
1	$12,500
2	$14,000
3	$10,000
4	$11,000
5	$16,000

1. What is the NPV of above project if the initial investment was $35,000?

2. Calculate the IRR assuming a cost of capital of 11%.

3. Calculate the MIRR of the project assuming a cost of capital of 11%.

Show the calculation.