Your firm is considering the launch of a newproduct, the XJ5. The upfront development cost is $11 million, and you expect to earn a cash flow of $2.9 million per year for the next 5 years. Create a table for the NPV profile for this project for discount rates ranging from 0% to 30% (in intervals of 5%). For which discount rates is the projectattractive?

The NPV for a discount rate of 0% is $

nothing

million. (Round to three decimalplaces.)

Thus, at a discount rate of 0%, this project is

attractive

not attractive

. (Select from thedrop-down menu.)

The NPV for a discount rate of 5% is $

nothing

million. (Round to three decimalplaces.)

At a discount rate of 5% this project is

not attractive

attractive

. (Select from thedrop-down menu.)

The NPV for a discount rate of 10% is $

nothing

million.(Round to three decimalplaces.)

At a discount rate of 10% this project is

not attractive

attractive

. (Select from thedrop-down menu.)

The NPV for a discount rate of 15% is $

nothing

million. (Round to three decimalplaces.)

At a discount rate of 15% this project is

attractive

not attractive

. (Select from thedrop-down menu.)

The NPV for a discount rate of 20% is $

nothing

million. (Round to three decimalplaces.)

At a discount rate of 20% this project is

not attractive

attractive

. (Select from thedrop-down menu.)

The NPV for a discount rate of 25% is $

nothing

million. (Round to three decimalplaces.)

At a discount rate of 25% this project is

attractive

not attractive

. (Select from thedrop-down menu.)

The NPV for a discount rate of 30% is $

nothing

million. (Round to three decimalplaces.)

At a discount rate of 30% this project is

attractive

not attractive

. (Select from thedrop-down menu.)