1. An investmentproject that provides annual cash flows of $18,200 for nine years costs $78,000 today.
2. What is the NPV for the project if the required return is 8%?At a required return of 8% should the firm accept this project?
3. What is the NPV for the project if the required return is 20%?At a required return of 20% should the firm accept this project?
4. At what discount rate would you be indifferent between accepting the project and rejecting it?