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36. For the following set of cash flows, Year Cash Flow 0 $6,100 1 6,700 2 3,100 3 3,200 a. What is the NPV at

36. For the following set of cash flows,

Year Cash Flow

0 $6,100

1 6,700

2 3,100

3 3,200

a. What is the NPV at a discount rate of 0 percent?

b. What is the NPV at a discount rate of 8 percent?

c. What is the NPV at a discount rate of 18 percent?

d. What is the NPV at a discount rate of 23 percent?

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