Star City is considering an investment in the community center that is expected to return...

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Accounting

image Star City is considering an investment in the community center that is expected to return the following cash flows: Use This schedule includes all cash inflows from the project, which will also require an immediate $206,000 cash outlay. The city is taxexempt; therefore, taxes need not be considered. Required: a. What is the net present value of the project if the appropriate discount rate is 18 percent? (Round PV factor to 3 decimal places. Negative amount should be indicated by a minus sign.) b. What is the net present value of the project if the appropriate discount rate is 8 percent? (Round PV factor to 3 decimal places. Negative amount should be indicated by a minus sign.)

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