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A project that costs $488,791.45 to install will provide annual cash flows of $96,000.00 for each of the next 15 years. a. Calculate the NPV

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A project that costs $488,791.45 to install will provide annual cash flows of $96,000.00 for each of the next 15 years. a. Calculate the NPV if the discount rate is 24.50% ? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) b. Is this project worth pirsuing? No Yes c. How high can the discount rate be before you would reject the project (l.e. What is the projects IRR)? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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