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Your firm is considering the launch of a new product, the XJ5. The upfront development cost is $12 million, and you expect to earn a

image text in transcribed Your firm is considering the launch of a new product, the XJ5. The upfront development cost is $12 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? The NPV for a discount rate of 0% is $ million. (Round to three decimal places.)

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