Consider a project that requires an initial investment of

$ 104 comma 000$104,000

and will produce a single cash flow of

$ 154 comma 000$154,000

in

66

years.

a. What is the NPV of this project if the

66-year

interest rate is

5.2 %5.2%

(EAR)?

b. What is the NPV of this project if the

66-year

interest rate is

9.8 %9.8%

(EAR)?

c. What is the highest

66-year

interest rate such that this project is still profitable?