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(NPV with varying required rates of return) Big Steve's, a maker of swizzle sticks, is considering the purchase of a new plastic stamping machine. This

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(NPV with varying required rates of return) Big Steve's, a maker of swizzle sticks, is considering the purchase of a new plastic stamping machine. This investment requires an nitial outlay of $150,000 and will generate free cash inflows of $18,500 per year for 11 years. a. If the required rate of return is 10 percent, what is the project's NPV? b. If the required rate of return is 18 percent, what is the project's NPV? C.Would the project be accepted under part (a) or (b)? d. What is the project's IRR? a. If the required rate of return is 10 percent, the project's NPV is s (Round to the nearest cent) b. If the required rate of return is 18 percent, the project's NPV is S(Round to the nearest cent) because its NPV is c. Based on the NPV criterion, the project under part (a) should be the drop-down menus.) if the required rate of return is 10 percent. (Select from because its NPV is Based on the NPV criterion, the project under part (b) should be menus.) if the required rate of return is 18 percent. (Select from the drop-down d. The project's IRR is 96. (Round to two decimal places.)

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