Required information Chapter 12: Applying Excel Step 1: Download the Applying Excel form located on the left-hand side, under files. If you have trouble, the file is also located in D2L under Course Administration Step 2: Then enter formulas in all cells that contain question marks. For example, in cell C21 enter the formula "-B10 Important Note: The present value factors could be computed using the built-in Excel function PV, but we recommend using the formulas in Appendix 13B. Step 3: Check your worksheet by changing the discount rate to 10%. The net present value should now be between $56.400 and $56.535 (depending on the precision of the calculations). If you do not get an answer in this range, find the errors in your worksheet and correct them. If you did not use formulas to calculate the Discount Factors, be sure that those values are updated appropriately using the Appendix 138 formulas that are also noted at the bottom of the spreadsheet instead of using the Discount Factor tables Step 4: Proceed to the requirements below only after completing your worksheet as it will be used to answer the following questions Click here to view Exhiblt 138-1 and Exhibit 138.2. to determine the appropriate discount factor(s) using tables. Chapter 12: Applying Excel: Exercise a. What is the net present value of the project? (Negative amount should be indicated by a minus sign. Round your present value factor to 3 decimals and round all other intermediate calculations to nearest whole dollar.) Answer is complete but not entirely correct. Not present value $ (88,080) c. The internal rate of return is between what two whole discount rates (eg., between 10% and 11%, between 11% and 12%, between 12% and 13%, between 13% and 14%, etc.)? Answer is complete but not entirely correct. The internal rate of return is between % and 6