A project that provides annual cash flows of $2,300 for nine years costs $9,500 today.

Requirement 1:

At a required return of 11 percent, what is the NPV of the project? (Do not include the dollar sign ($). Round your answer to 2 decimal places (e.g., 32.16).)

NPV

$

Requirement 2:

At a required return of 27 percent, what is the NPV of the project? (Do not include the dollar sign ($). Round your answer to 2 decimal places (e.g., 32.16).)

NPV

$

Requirement 3:

At what discount rate would you be indifferent between accepting the project and rejecting it? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).)

Discount rate

%