11. TI Calculator Graded Problem Set You are evaluating a proposed project for your company. The project is expected to generate the following end-of-year cash flows: 0 1 2 3 4 5 6 7 8 -$3,000 $300 $500 $600 $600 $800 $800 $800 $300 You have been told you should evaluate this project with an interest rate of 9%. What is the project's NPV? $169.58 $219.77 $135.60 $201.99 $151.80 Your group leader has now told you that the risk of the project was understated before. As a result, she tells you to recalculate the project's NPV with an 11% interest rate. What is the new NPV? -$28.59 -$60.74 -$104.13 -$109.76 -$71.99 When the project was first evaluated at 9%, you would have advised that the company accept the project because it added value for the company. But now with an 11% interest rate, you will advise the company to reject the project because it loses value for the company. Calculate the project's internal rate of return (IRR). 10.38% 15.08% 10.01% 14.76% 11.52%