You should proceed to the requirements below only after completing your worksheet Note that you may get a slightly different net present value due to the precision of the calculations Required Check your worksheet by changing the discount rate to 10 The net present value should now be between $56,495 and $56,518depending on the precision of the calculations If you do not get an answer in this range, find the errors in your worksheet and correct them Explain why the net present value has increased as a result of reducing the discount rate from 14 to 10 The company is considering another project involving the purchase of new equipment Change the data area of your worksheet to match the following

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Question: You should proceed to the requirements below only after completing your worksheet. Note that you may get a slightly different net present value due to

You should proceed to the requirements below only after completing your worksheet. Note that you may get a slightly different net present value due to the precision of the calculations.

Required:

Check your worksheet by changing the discount rate to 10%. The net present value should now be between $56,495 and $56,518depending on the precision of the calculations. If you do not get an answer in this range, find the errors in your worksheet and correct them.

Explain why the net present value has increased as a result of reducing the discount rate from 14% to 10%.

The company is considering another project involving the purchase of new equipment. Change the data area of your worksheet to match the following:

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