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A project that costs $4,450 to install will provide annual cash flows of $1,500 for each of the next 6 years. a. What is

A project that costs $4,450 to install will provide annual cash flows of $1,500 for each of the next 6 years. a. What is the NPV if the discount rate is 11%? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. NPV 52:40 b. How high can the discount rate be before you reject the project? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Discount rate %

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