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A project that will provde annual cash flows of $2,850 for nine years costs $9,400 today. a. At a required return of 12 percent,
A project that will provde annual cash flows of $2,850 for nine years costs $9,400 today. a. At a required return of 12 percent, what is the NPV of the project? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. At a required return of 28 percent, what is the NPV of the project? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. At what discount rate would you be indifferent between accepting the project and rejecting it? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., a. NPV b. NPV 32.16. c. Discount rate %
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