Question: Hello, I am having trouble with this question. I am using the HP 10bii+ calculator. A step by step instructions on using the calculator, not
Hello, I am having trouble with this question. I am using the HP 10bii+ calculator. A step by step instructions on using the calculator, not excel, will help me the most. I know the answer, just not how to enter it into the calculator to get the correct answer, i keep getting it wrong. Thank you!
| A project that provides annual cash flows of $17,100 for nine years costs $77,000 today. |
| What is the NPV for the project if the required return is 8 percent? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) |
| NPV | $ |
| At a required return of 8 percent, should the firm accept this project? | ||||
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| What is the NPV for the project if the required return is 20 percent? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| NPV | $ |
| At a required return of 20 percent, should the firm accept this project? | ||||
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| At what discount rate would you be indifferent between accepting the project and rejecting it? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
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