Suppose you are offered a project with the following payments:

year Cash flows

0 $10,000

1 -4,900

2 -4,400

3 -3,400

4 -2,700

a. What is the IRR of this offer?

b. if the appropriate discount rate is 14 percent, should you accept this offer?

c. if the appropriate discount rate is 24 percent, should you accept this offer?

d. what is the NPV of the offer if the appropriate discount rate is 14 percent?

e. what is the NPV of the offer if the appropriate discount rate is 24 percent?