Question: Could someone help me with this question please? Could you show your calculations and steps and not use excel please. A project that provides annual

Could someone help me with this question please? Could you show yourCould someone help me with this question please? Could you show your calculations and steps and not use excel please.

A project that provides annual cash flows of $17,300 for nine years costs $78,000 today. Part a: Is this a good project if the required return is 8 percent? What if it's 20 percent? Part b: At what discount rate would you be indifferent between accepting the project and rejecting it? Hint: The discount rate that gives indifference between acceptance and rejection of a project is the internal rate of return (IRR)

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