Look at the cash flows for projects F and G given below.

Cash Flows$($$$)$

Project C$0$

C

$0$

C$1$

C

$1$

C$2$

C

$2$

C$3$

C

$3$

C$4$

C

$4$

C$5$

C

$5$

C$6$

C

$6$

C$7$

C

$7$

C$8$

C

$8$

IRR $(\%)$ NPV at $10\%$

F $$(10,500)$ $$6,200$ $$6,200$ $$6,200$ $$0$ $$0$ $$0$ $$0$ $$035\mathrm{.}1$ $$4,918$

G $(10,500)3,2003,2003,2003,2003,2003,2003,2003,20025\mathrm{.}56,572$

The cost of capital was assumed to be $10\%.$ Assume that the forecasted cash flows for projects of this type are overstated by $7\%$ on average. That is$,$ the forecast for each cash flow from each project should be reduced by $7\%.$ But a lazy financial manager, unwilling to take the time to argue with the projects$$ sponsors, instructs them to use a discount rate of $17\%.$

What are the projects$$ true NPVs$?$

What are the NPVs at the $17\%$ discount rate?

Note: For all requirements, do not round intermediate calculations. Round your answers to nearest dollar amount.