Suppose you are offered a project with the following payments:

YearCash Flows0$ 9,80015,30024,00033,10041,700

a.What is the IRR of this offer?(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

IRR_____%

b.If the appropriate discount rate is 15 percent, should you accept this offer?Reject or Accept

c.If the appropriate discount rate is 21 percent, should you accept this offer?Reject or Accept

d-1.What is the NPV of the offer if the appropriate discount rate is 15 percent?(Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places (e.g., 32.16).)

NPV$_____

d-2.What is the NPV of the offer if the appropriate discount rate is 21 percent?(Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places (e.g., 32.16).)

NPV$______