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Problem 9 - 1 8 NPV and Discount Rates [ LO 1 ] An investment has an installed cost of $ 5 3 3 ,

Problem 9-18 NPV and Discount Rates [LO1]
An investment has an installed cost of $533,800. The cash flows over the four-year life of the investment are projected to be $215,850,$232,450,$199,110, and $147,820, respectively.
a. If the discount rate is zero, what is the NPV?(Do not round intermediate calculations.)
b. If the discount rate is infinite, what is the NPV?(A negative answer should be indicated by a minus sign.)
c. At what discount rate is the NPV just equal to zero? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.)
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