NPV and IRR Equal Annual Net Cash Inflows Apache Junction Company is evaluating a capital expenditure proposal that requires an initial years and has no salvage value. t of $34,520, has predicted cash inflows of $8,000 per year for 15 (a) Using a discount rate of 16 percent, determine the net present value of the investment proposal.(Round to the nearest whole number.) (b) Determine the proposal's internal rate of return. 9% (c) What discount rate would produce a net present value of zero