Suppose you own a small company that is contemplating construction of a suburban office block. The cost of buying the land and constructing the building is $750,000. Your company has cash in the bank to finance construction. Your real estate adviser suggests that you rent out the building for two years at $32,500 a year and predicts that at the end of that time you will be able to sell the building for $860,000 Thus there are now two future cash flows-a cash flow of G = $32,500 at the end of year 1 and a further cash flow of G = ($32,500+ 860,000) = $892,500 at the end of the second year a. Calculate the NPV of the office building venture at interest rates of 6. 11 and 16% (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.) Not present value at 6% Net present value at 11% Not present value at 16% b. At what discount rate (approximately) would the project have a zero NPV? Check your answer by calculating the NPV at your approximate rate; It should be close to zero (Enter your answer as a percent rounded to the nearest whole number) Approximate discount rate