NPV and IRR: Equal Annual Net Cash Inflows Winter Fun Company is evaluating a capital expenditure proposal that requires an initial investment of $50,208, has predicted cash inflows of $11,000 per year for seven years, and has no salvage value. a. Using a discounted rate of 14 percent, determine the net present value of the investment proposal. Use a negative sign with your answer, if appropriate. $ -3,036 x b. Determine the proposal's internal rate of return. (Refer to Appendix 25B if you use the table approach.) Round to the nearest percent. (Example: 0.1568 = 15%) X % c. What discount rate would produce a net present value of zero? 12 % Check Partially correct Marks for this submission: 0.33/1.00