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Problem 8 - 7 Calculating NPV and IRR LO 3 , 4 ] A project that provides annual cash flows of $ 1 5 ,

Problem 8-7 Calculating NPV and IRR LO 3,4]
A project that provides annual cash flows of $15,300 for nine years costs $74,000 today.
a. At a required return of 8 percent, what is the NPV of the project?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
b. At a required return of 20 percent, what is the NPV of the project?
Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
c. At what discount rate would you be indifferent between accepting the project and rejecting it?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
\table[[a. NPV,$,21,577.39
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