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A. A project that costs $3,800 to install will provide annual cash flows of $1,200 for each of the next 6 years. Calculate the NPV

A. A project that costs $3,800 to install will provide annual cash flows of $1,200 for each of the next 6 years. Calculate the NPV if the discount rate is 12%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) NPV $

B. Is this project worth pursuing? Yes No

C. How high can the discount rate be before you would reject the project? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

Discount rate =

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