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17 fx A B C D E F G H J K M A project that provides annual cash flows of $15,300 for nine years
17 fx A B C D E F G H J K M A project that provides annual cash flows of $15,300 for nine years costs $74,000 today. Is this a good project if the required return is 8 percent? What if it's 20 percent? At what discount rate would you be indifferent between accepting the project and rejecting it? Input area: \begin{tabular}{|lr|} \hline Annual cash flows & $15,300 \\ Years & 9 \\ Costs & $74,000 \\ Required Return & 8% \\ Required Return & 20% \\ \hline \end{tabular} (Use cells A6 to B10 from the given information to complete this question. You must use the built-in Excel function to answer this question.) Output area: \begin{tabular}{|l|r|} \hline NPV at 8% & \\ \hline NPV at 20% & $88,166.67 \\ \hline IRR & \\ \hline \end{tabular}
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