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Check my Waste Industries is evaluating a $59,100 project with the following cash flows. Years 1 2 3 4 5 Cash Flows $ 9,180 13,100

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Check my Waste Industries is evaluating a $59,100 project with the following cash flows. Years 1 2 3 4 5 Cash Flows $ 9,180 13,100 21,700 19,400 25,600 The coefficient of variation for the project is 0.654. Coefficient of Variation 0 - 0.25 0.26 - 0.50 0.51 -0.75 0.76 - 1.00 1.01 - 1.25 Discount Rate 4% 7% 10% 12% 18% Use Appendix 8 for an approximate answer but calculate your final answer using the formula and financial calculator methods a. Select the appropriate discount rate. 49 7% aw 11 The We 18% 10% 12% b. Compute the net present value. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places.) Net present value c. Based on the net present value should the project be undertaken? No Yes

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