A new computer system will require an initial outlay of $20,000 but it will increase the firm's cash flows by $4,000 a year for each of the next 8 years. (Use the minus sign for negative values. Round your answers to 2 decimal places.) Is the system worth installing if the required rate of return is 9%? NPV9% $ 2,139.28 Is the system worth installing if the required rate of return is 14%? NPV14% $ -1,444.54 How high can the discount rate be before you would reject the project? The highest discount rate 11.98 % What is the profitability index of a project that costs $10,000 and provides cash flows of $3,000 in years 1 and 2 and $5,000 in years 3 and 4? The discount rate is 10%. (Round your answer to 4 decimal places.) Profitability index 1.2378