A project that costs $5, 350 to install will provide annual cash flows of $1, 800 for each of the next 6 years.
A project that costs $5, 350 to install will provide annual cash flows of $1, 800 for each of the next 6 years.
a. What is NPV if the discount rate is 11%? Round 2 decimal places
NPV
b. How high can the discount rate be before you would reject the project? Round 2 decimal places
Discount rate