14. Bruin, Incorporated, has identified the following two mutually exclusive projects Year Cash Flow (A) 0 -$36,200 18,700 14,200 4 11,700 At what discount rate would the company be indifferent between these two projects? 8,700 DISCOUNT RATE= 1 2 3 Cash Flow (B) -$36,200 6,300 12,800 19,300 23,300 15. Your firm is contemplating the purchase of a new $518,000 computer-based order entry system. The system will be depreciated straight-line to zero over its 5-year life. It will be worth $50,400 at the end of that time. You will be able to reduce working capital by $70,000 (this is a one-time reduction). The tax rate is 23 percent and your required return on the project is 17 percent and your pretax cost savings are $195,850 per year. What is the NPV of this project? NPV=