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You are a financial analyst for XYZ Corporation, which is considering investing in a project that requires an initial investment of $100,000 and is expected

You are a financial analyst for XYZ Corporation, which is considering investing in a project that requires an initial investment of $100,000 and is expected to generate cash flows of $20,000 per year for the next 10 years. The company's cost of capital is 8%. Calculate the following:

  1. The net present value (NPV) of the project.
  2. The internal rate of return (IRR) of the project.

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