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This Problem Counts 2 Points Given the following information, find the discount rate needed to make the project break-even (NPV=$0). The tax rate is 21%.

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This Problem Counts 2 Points Given the following information, find the discount rate needed to make the project break-even (NPV=$0). The tax rate is 21%. Depreciation is calculated on a straight- line basis over the life of the project with a $1 salvage value. Yr 0 Yr 1 Yr 2 Yr 3 Capital $-10,000 Investment EBITDA $4,000 $4,000 $6,000 12.09% 17.50% O 14.16% 18.00% 16.57%

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