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Problem 5-5 IRR Consider the following cash flows: Cash Flows ($) 0 2 -7,050 4,800 18,600 a. Calculate the net present value of the above

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Problem 5-5 IRR Consider the following cash flows: Cash Flows ($) 0 2 -7,050 4,800 18,600 a. Calculate the net present value of the above project for discount rates of 0, 50, and 100%. (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) NPV @ 0% NPV @ 50% NPV @100% b. What is the IRR of the project? (Do not round intermediate calculations. Enter your answer as a percent rounded to the nearest whole number.) IRR %

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