Clyde Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in cash flow of $100,800. The equipment will have an initial cost of $600,800 and have an 8 year life. The equipment has no salvage value. The hurdle rate is 9%. Ignore income taxes. (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1) (Use appropriate factor from the PV tables.) Stipeed a. What is the accounting rate of return? (Round your answer to 2 decimal places.) Rate of Return b. What is the payback period (Round your answer to 1 decimal place.) Payback Period Check my work c. What is the net present value? (Do not round Intermediate calculations. Negative value should be indicated by a minus sign Round your answer to nearest whole number.) Net Present Value points Skloped book Print d. What would the net present value be with a 12% hurdle rate? (Do not round Intermediate calculations. Negative value should be Indicated by a minus sign. Round your answer to nearest whole number) Net Present Value e. Based on the NPV calculations, what would be the equipment's internal rate of return? (Round your answer to 2 decimal places.)