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For the following set of cash flows, Year Cash Flow 0 $8,700 Year1 Cash Flow $5,600 Year 2 Cash Flow $6,100 Year 3 Cash Flow

For the following set of cash flows,

Year Cash Flow 0 $8,700

Year1 Cash Flow $5,600

Year 2 Cash Flow $6,100

Year 3 Cash Flow $4,300

a. What is the NPV at a discount rate of 0 percent?

b. What is the NPV at a discount rate of 12 percent?

c. What is the NPV at a discount rate of 24 percent?

d. What is the NPV at a discount rate of 29 percent?

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