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Your firm is considering the launch of a new product, the XJ 5 . The upfront development cost is $ 8 million, and you expect

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 $3.1 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 $7.500 million. (Round to three decimal places.)
Thus, at a discount rate of 0%, this project is
(Select from the drop-down menu.)
The NPV for a discount rate of 5% is $5.421 million. (Round to three decimal places.)
At a discount rate of 5% this project is
(Select from the drop-down menu.)
The NPV for a discount rate of 10% is $3.751 million. (Round to three decimal places.)
At a discount rate of 10% this project is
(Select from the drop-down menu.)
The NPV for a discount rate of 15% is $ million. (Round to three decimal places.
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