Year o Revenues Cost of Goods Sold Depreciation FEBIT Taxes (35%) F Unlevered net income + Depreciation Additions to Net Working Capital Capital Expenditures Free Cash Flow Year 1 Year 2 Year 3 411,771.414 411,771.414 411,771.414 155,000 155,000 -155,000 -85.000 85.000 -85.000 171,771.414171,771.414171,771.414 -60,119.9948 -60,119.9948 -60,119.9948 111,651.419 111,651.419 111,651.419 85,000 85,000 85,000 20,000 20,000 -20,000 -350,000 176,651.419 176,651.419 176,651.419 Visby Rides, a livery car company, is considering buying some new luxury cars. After extensive research, they come up with the above estimates of free cash flow from this project. By how much could the discount rate rise before the net present value (NPV) of this project is zero, given that it is currently 8%? 16% 29% 24% 21%