NPV analysis of a project Dane Cosmetics is evaluating a new fragrance-mixing machine. The machine requires an initial investment of $20,000 and will generate after-tax cash inflows of $6,000 per year for 8 years. If the cost of capital is 11%, calculate the net present value (NPV) and indicate whether to accept or reject the machine. The NPV of the project is $(Round to the nearest cent.) Should this project be accepted? (Select the best answer below.) Yes O No OS Internal rate of return For the project shown in the following table, calculate the internal rate of return (IRR). Then indicate, for the project, the maximum cost of capital that the firm could have and still find the IRR acceptable The project's IRR is % (Round to two decimal placen.) The maximum cost of capital that the firm could have and still find the IRR acceptable is % (Round to two decimal places.) Ha, U Data table X RA aces) (Click on the icon located on the top-right comer of the data table below in order to copy its contents into a spreadsheet) Initial investment (CF) $100,000 ON Year (0) Cash inflows (CF) 1 $35,000 2 $20,000 3 $40.000 4 $10.000 5 $35,000 Paint Done