(Click the icon to view the projected net cash inflows.) (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) Read the requirements. Requirement 1. Compute this project's NPV using Swan's 16% hurdle rate. Should Swan invest in the equipment? Requirements 1. Compute this project's NPV using Swan's 16% hurdle rate. Should Swan invest in the equipment? 2. Swan could refurbish the equipment at the end of six years for $100,000. The refurbished equipment could be used one more year, providing $73,000 of net cash inflows in year 7 . Additionally, the refurbished equipment would have a $54,000 residual value at the end of year 7 . Should Swan invest in the equipment and refurbish it after six years? (Hint: In addition to your answer to Requirement 1, discount the additional cash outflow and inflows back to the present value.)