Consider projects A and B: Project A B -$30,000 -50,000 Cash Flows, $ C1 $21,000 33,000 C2 $21,000 33,000 NPV at 10% +$6,446 +$7,273 Calculate IRRs for A and B. (Round your answers to 2 decimal places.) IRRA 26.00 IRRB 21.00 Which project does the IRR rule suggest is the best? Project A Which project is really the best? Project A a. Calculate the net present value of the following project for discount rates of 0%, 50%, and 100%. (Round your answers to the nearest whole dollar. Use the minus sign for negative values.) Co +$6,750 C1 +$4,500 C2 -$18,000 NPV (r 0%) -6750 NPV (r = 50%) $ 1167 NPV (r = 100%) 6A 2250 b. What is the IRR of the project? (Round your answer to 3 decimal places.) IRR 33.000 % 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