Buckeye Healthcare Corp. is proposing to spend $102, 228 on a seven-year project that has estimated net cash flows of $21, 600 for each of the seven years. Compute the net present value, using a rate of return of 12%. Use the table of present value of an annuity of $1 presented above. If required, round to the nearest dollar. Use the minus sign to indicate a negative net present value. Present value of annual net cash flows $ _______ Less amount to be invested $ _______ Net present value $ _______ Based on the analysis prepared in part (a), is the rate of return (1) more than 12%, (2) 12%, or (3) less than 12%? ________ Determine the internal rate of return by computing a present value factor for an annuity of $1 and using the table of the present value of an annuity of $1 presented above. _______ %