Waste Industries is evaluating a $$58,200$ project with the following cash flows.

The coefficient of variation for the project is $1\mathrm{.}115.$

Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods.

a$.$ Select the appropriate discount rate.

$6\%$

$8\%$

$12\%$

$20\%$

$15\%$

b$.$ Compute the net present value.

Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to

$2$ decimal places.

Net present value

c$.$ Based on the net present value should the project be undertaken?

Yes

No