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project that costs $3,700 to install will provide annual cash flows of $1,150 for each of the next 6 years. a. What is the NPV

image text in transcribed project that costs $3,700 to install will provide annual cash flows of $1,150 for each of the next 6 years. a. What is the NPV if the discount rate is 11% ? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. b. How high can the discount rate be before you reject the project? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places

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