Apache Junction Company is evaluating a capital expenditure proposal that requires an initial investment of $9,350, has predicted cash inflows of $2,000 per year for 15 years, and has no salvage value.

(a) Using a discount rate of 14 percent, determine the net present value of the investment proposal. (Round to the nearest whole number.) $Answer

(b) Determine the proposal's internal rate of return. Answer %

(c) What discount rate would produce a net present value of zero? Answer%