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b) An investment project that provides annual cash flows of $18,200 for nine years costs $78,000 today. a. What is the NPV for the project

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b) An investment project that provides annual cash flows of $18,200 for nine years costs $78,000 today. a. 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? b. 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? c. At what discount rate would you be indifferent between accepting the project and rejecting it

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