to determine which project Grady should choose for the parcel of land. Adjust the NPV for unequal lives with the equivalent annual annuity. Does the decision change? If the appropriate discount rate for the restaurant is 10.0%, 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.)