Question: PLEASE ANSWER FOR BOTH ROUNDED & NOT ROUNDED FINAL ANSWER FOR BOTH A & B B) If the discount rate is 8%, then the projects
(Related to Checkpoint 11.1 and Checkpoint 11.4) (NPV and IRR calculation) East Coast Television is considering a project with an initial outlay of \$X (you will have to determine this amount). It is expected that the project will produce a positive cash flow of $42,000 a year at the end of each year for the next 16 years. The appropriate discount rate for this project is 8 percent. If the project has an internal rate of return of 11 percent, what is the project's net present value? a. If the project has an internal rate of return of 11%, then the project's initial outlay is $ (Round to the nearest cent.)
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