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ractice Assignments Saved Star City is considering an investment in the community center that is expected to return the following cash flows. Use Exhibit A8

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ractice Assignments Saved Star City is considering an investment in the community center that is expected to return the following cash flows. Use Exhibit A8 Year 1 2 3 Net Cash Flow $ 39,000 69,000 99,000 99,000 119,000 5 This schedule includes all cash inflows from the project, which will also require an immediate $219,000 cash outlay. The city is tax exempt therefore, taxes need not be considered Required: o. What is the net present value of the project if the appropriate discount rate is 24 percent? b. What is the net present value of the project if the appropriate discount rate is 14 percent? Complete this question by entering your answers in the tabs below. Required A Required What is the net present value of the project if the appropriate discount rate is 24 percent? (Round PV factor to 3 decimal places. Negative amount should be indicated by a minus sign) Not present value Romuld Required B > Prey 1 of 3 !! Next >

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