Problem 8-7 Calculating NPV and IRR [LO 3, 4] A project that will provde annual cash flows of $2,800 for nine years costs $9,200 today. a. At a required return of 11 percent, what is the NPV of the...

Extracted text: Problem 8-7 Calculating NPV and IRR [LO 3, 4] A project that will provde annual cash flows of $2,800 for nine years costs $9,200 today. a. At a required return of 11 percent, what is the NPV of the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. At a required return of 27 percent, what is the NPV of the project? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. At what discount rate would you be indifferent between accepting the project and rejecting it? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) а. NPV b. NPV с. Discount rate