Your firm is considering the launch of a new product, the XJ5. The upfront development cost is

$ 8

million, and you expect to earn a cash flow of

$ 2.9

million per year for the next

5

years. Create a table for the NPV profile for this project for discount rates ranging from

0 %

to

30 %

(in intervals of

5 %).

For which discount rates is the project attractive?