Waste Industries is evaluating a $59,500 project with the following cash flows. Years Cash Flows 1 $ 9,810 2 17,600 3 27,000 4 20,600 5 28,900 The coefficient of variation for the project is .785. Coefficient of Variation Discount Rate 0 .25 6 % .26 .50 8 % .51 .75 17 % .76 1.00 15 % 1.01 1.25 24 % Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. a. Select the appropriate discount rate. 6% 8% 17% 15% 24% b. Compute the net present value. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places.) c. Based on the net present value should the project be undertaken? No Yes