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Capital Budgeting DataA. Suppose the company is considering a potential investment project to add to its portfolio. Calculate the following items:1. The net present value (NPV) of the project: $15,404,422.602. The internal rate of return (IRR) of the project: 19%B. What are the implications of these calculations? In other words, based on each of the calculations, and being mindful of the need to balance portfolio risk with return, would you recommend that the company pursue the investment? Why or why not? Be sure to substantiate your claims.For the NPV, the large positive number means that this potential investment is likely a good one assuming the estimated cash flows and operating costs are accurate. A positive NPV usually means that an investment is worthwhile, however that depends on the company and if they have other options. If this investment opportunity is mutually exclusive to any others, it would appear to be a good investment. If this investment is being compared to another, determining the NPV of that other potential investment would be necessary as it could be higher.