A project that costs $$518,820\mathrm{.}36$ to install will provide annual cash flows of $$132,000\mathrm{.}00$

for each of the next $8$ years.

a$.$ Calculate the NPV if the discount rate is $13\mathrm{.}70\%?($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 $($i$.$e$.$ What is the

projects IRR$)?($Do not round intermediate calculations. Round your answer to $2$

decimal places.$)$

Discount

rate