Question: please solve using excel formulas such as =price or =a5/a6 A project that provides annual cash flows of $15,300 for nine years costs $74,000 today.

 please solve using excel formulas such as =price or =a5/a6 A

please solve using excel formulas such as =price or =a5/a6

A project that provides annual cash flows of $15,300 for nine years costs $74,000 today. Is this a good project if the required return is 8 percent? What if it's 20 percent? At what discount rate would you be indifferent between accepting the project and rejecting it? Input area: \begin{tabular}{|lr|} \hline Annual cash flows & $15,300 \\ Years & 9 \\ Costs & $74,000 \\ Required Return & 8% \\ Required Return & 20% \\ \hline \end{tabular} (Use cells A6 to B10 from the given information to complete this question. You mus the built-in Excel function to answer this question.) Output area

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