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A project that costs $4,150 to install will provide annual cash flows of $1,400 for each of the next 6 years. a. What is NPV

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A project that costs $4,150 to install will provide annual cash flows of $1,400 for each of the next 6 years. a. What is NPV if the discount rate is 15%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) NPV $ 1,149.00 b. 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 24.80 %

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