LO 3 LO4 7. Calculating NPV and IRR A project that provides annual cash flows of $2,620 for eight years costs $9.430 today. Is this a good project if the required return is 8 percent? What if it's 24 percent? At what discount rate would you be indifferent between accepting the project and rejecting it? What is the IRR of the following set of cash flows? Calculating IPP