Transcribed Image Text
A project that provides annual cash flows of $2,450 for nineyears costs $10,100 today.Requirement 1:At a required return of 9 percent, what is the NPV of theproject? (Do not round intermediate calculations. Roundyour answer to 2 decimal places (e.g.,32.16).) NPV $ Requirement 2:At a required return of 25 percent, what is the NPV of theproject? Use the IRR function. (Do not round intermediatecalculations. A negative amount should be indicated by a minussign. Round your answer to 2 decimal places (e.g.,32.16).) NPV $ Requirement 3:At what discount rate would you be indifferent between acceptingthe project and rejecting it? (Do not round intermediatecalculations. Enter your answer as a percentage rounded to 2decimal places (e.g., 32.16).) Discount rate%