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(Net present value calculation) Bigg Steve's, makers of swizzle sticks, is considering the purchase of a new plastic stamping machine. This investment requires an initfal

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(Net present value calculation) Bigg Steve's, makers of swizzle sticks, is considering the purchase of a new plastic stamping machine. This investment requires an initfal outliy of $110,000 and will generate net cash inllows of $17,000 per year for 8 years: a. What is the projects NPV using a discount rate of 8 porcent? Should the project be accepted? Why or why not? b. What is the projects NPV using a discount rate of 13 percent? Should the project be accepted? Why or wiry not? c. What is this project's intemal rate of retum? Should the project be accepted? Why or why not? a. If the discount rate is 8 percent, then the project's NPV is 5 (Round to the nearest dollar)

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