Indifferent between accepting the project and rejecting

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A project that provides annual cash flows of $15,000 for nine years costs $67,000 today. What is the NPV if the required return is 8 percent? What if it's 20 percent? At what discount rate would you be indifferent between accepting the project and rejecting it?

Annual cash flows     $                     15,400

# of years                                                  9

Costs                          $                    67,000

Required Return                                        8%

Required Return                                      20%

Complete the following analysis. Do not hard code values in your calculations. You must use the built-in Excel function to answer this question.

NPV at 8 percent

NPV at 20 percent

IRR

Reference no: EM132185315

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