You are a banker to Livingstone Thompson Limited, a textile manufacturing company. Livingstone Thompson Ltd. is planning to establish a new factory overseas. The project requires an initial investment of 15 million. Livingstone Thompson Ltd. have told you that the factory will run for six years and then be sold to a local entity. The Finance Department of Livingstone Thompson Ltd. has estimated the following yearly cash flows: Year 0 1 2 3 4 6 Cash Flow () -30,000,000 8,000,000 8,000,000 8,000,000 8,000,000 8,000,000 14,000,000 The Financial Manager of Livingstone Thompson Ltd. has decided that the company's cost of capital of 15% is an appropriate hurdle rate for this project and informed you. who will be providing the finance. i. ii. Calculate the Net Present Value (NPV) for this project. Calculate the Internal Rate of Return (IRR) of this project. Make a recommendation to your department manager concerning whether to provide finance for this project.