follows. (Cick the ioon to view the projected net cash infows.) (Cick the ioon to view Present Value of 51 tasile) (Cick the ioon to vew Present Yalua at Crdinary Annusy of St takie.) Reas the resuiremanti Requirement 1. Compuhe this project's NPY using Nords 16\% hurdle rabe. Shovid Naed imest in the equintant? Requirements 1. Compute this project's NPV using Nord's 16% hurdle rate. Should Nord invest in the equipment? 2. Nord could refurbish the equipment at the end of six years for $104,000. The refurbished equipment could be used one more year, providing $78,000 of net cash inflows in year 7. Additionally, the refurbished equipment would have a $52,000 residual value at the end of year 7 . Should Nord 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.) Data table Reference