Big Steve's, makers of swizzle sticks, is considering the purchase of a new plastic stamping machine. This investment requires an initial outlay of $ 95,000 and will generate net cash inflows of $ 19,000 per year for 11 years.

a.What is the project's NPV using a discount rate of 9 percent? Should the project be accepted? Why or why not? b.What is the project's NPV using a discount rate of 14 percent? Should the project be accepted?

c. What is this project's internal rate of return? should the project be accepted? why or whY NOT?