Question: A project with a $3,100 setup cost will generate an annual cash flow of $850 for each of the next 6 years. Calculate NPV if

A project with a $3,100 setup cost will generate an annual cash flow of $850 for each of the next 6 years.

Calculate NPV if the discount rate is 11%. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

NBD-$

How high can the discount rate be before rejecting the project? (Do not round up intermediate calculations. Enter your answer as a percentage, rounded to 2 decimal places.)

Discount rate-%

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