Problems with the IRR method Acme Oscillators is considering an investment project that has the following rather unusual cash flow pattern: $.$

a$.$ Calculate the project's NPV at each of the following discount rates: $0\%,5\%,10\%,20\%,30\%,40\%,50\%,$

c$.$ Notice that this project's greatest NPVs come at very high discount rates. Can you provide an intuitive explanation for that pattern?

d$.$ If Acme Oscillators' cost of capital is $8\%,$ should the company accept or reject this investment based on MIRR?

a$.$ Calculate the NPV at the following discount rates for this investment $0\%,5\%,10\%,20\%,30\%,40\%,50\%.$

The NPV at $0\%$ is $$,($Round to the nearest dollar.$)$

The NPV at $5\%$ is $,($Round to the nearest dollar.$)$

Data table

The NPV at $10\%$ is : $.($Round to the nearest dollar.$)$

The NPV at $20\%$ is $$,($Round to the nearest dollar.$)$

The NPV at $30\%$ is : $($Round to the nearest dollar.$)$

The NPV at $40\%$ is : $($Round to the nearest dollar.$)$

The NPV at $50\%$ is $$,($Round to the nearest dollar.$)$

$($Click on the following icon $$ in order to copy its contents into a spreadsheet.$)$

b$.$ What do the calculations tell you about this project's IRR? $($Select the best answer below.$)$

A$.$ The calculations tell you this project has more than one IRR.

B$.$ The calculations tell you this project's IRR is greater than $50\%.$

C$.$ The calculations tell you that this project's IRR is negative.

D$.$ The calculations tell you this project has no IRR.

c$.$ Notice that this project's greatest NPVs come at very high discount rates. Can you provide an intuitive explanation for that pattern? $($Select the best answer below.$)$

C$.$ There is no intuitive explanation when there are multiple IRRs.

D$.$ A and $B$ provide an intuitive explanation.

d$.$ If Acme Oscillators' cost of capital is $8\%,$ the MIRR of the investment is $\%.($Round to four decimal places.$)$