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A project that provides annual cash flows of $2,800 for 6 years costs $9,800 today. Required: (a) If the required return is 9 percent, what

A project that provides annual cash flows of $2,800 for 6 years costs $9,800 today.

Required:
(a) If the required return is 9 percent, what is the NPV for this project?
(Click to select)$2,760.57$3,036.63$3,312.69$3,643.96$2,484.51

(b) Determine the IRR for this project.
(Click to select)17.97%19.77%21.57%23.72%16.18%

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