the equivalent annual annuity. Does the decision change? If the appropriate discount rate for the restaurant is 9.0%, what is the NPV of the restaurant project? (Round to the nearest cent.) If the appropriate discount rate for the sports facility is 11.5%, what is the NPV of the sports facility? (Round to the nearest cent.) Based on the NPV, Grady should pick the project. (Select from the drop-down menu.) What is the adjusted NPV equivalent annual annuity of the restaurant project? (Round to the nearest cent.)