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A project that provides annual cash flows of $2,900 for nine years costs $9,600 today. Requirement 1: At a required return of 8 percent, what
A project that provides annual cash flows of $2,900 for nine years costs $9,600 today. Requirement 1: At a required return of 8 percent, what is the NPV of the project? (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places. NPV is $ Requirement 2: At a required return of 29 percent, what is the NPV of the project? (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places. NPV is $ Requirement 3: At what discount rate would you be indifferent between accepting the project and rejecting it? (Do not include the percent sign (%). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places. Discount rate is ???%
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