the cfo has asked you to compute project omicron’s initial investment using the information currently available to you. he has offered the following suggestions and observations: • a project’s irr represents the return the project would generate when its npv is zero or the discounted value of its cash inflows equals the discounted value of its cash outflows—when the cash flows are discounted using the project’s irr. • the level of risk exhibited by project omicron is the same as that exhibited by the company’s average project, which means that project omicron’s net cash flows can be discounted using cute camel’s 8% wacc. given the data and hints, project omicron’s initial investment is$10,986,486 , and its npv is$893,630 (rounded to the nearest whole dollar). a project’s irr will if the project’s cash inflows increase, and everything else is unaffected.