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2. 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
2. 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 its 20 percent? At what discount rate would you be indifferent between accepting the project and rejecting it? SHOW WORK EXACTLY HOW YOU WOULD TYPE IT INTO EXCEL Input area: Annual cash flows$15,300 Years 9 Costs$74,000 Required Return8% Required Return20% (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: NPV at 8% NPV at 20% IRR
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