A project that provides annual cash flows of $16,800 for nine years costs $74,000 today.

What is the NPV for the project if the required return is 8 percent?

NPV-------------

At a required return of 8 percent, should the firm accept this project?

a. Accept

b. Regect

At a required return of 20 percent, should the firm accept this project?

a. Accept

b. Regect

At what discount rate would you be indifferent between accepting the project and rejecting it?

NPR ----------