Question: A project that costs $5,350 to install will provide annual cash flows of $1,800 for each of the next 6 years.
Q1. What is NPV if the discount rate is 11%? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Q2. How high can the discount rate be before you would reject the project? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)