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

$10

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

$nothing

million.

(Round to three decimal places.)