Big​ Steve's, makers of swizzle​ sticks, is considering the purchase of a new plastic stamping machine. This investment requires an initial outlay of ​$90 comma 000 and will generate net cash inflows of ​$17 comma 000 per year for 11 years.

AWhat is the​ project's NPV using a discount rate of 8 percent​? Should the project be​ accepted? Why or why​ not?
BWhat is the​ project's NPV using a discount rate of 17 ​percent? Should the project be​ accepted? Why or why​ not?
CWhat is this​ project's internal rate of​ return? Should the project be​ accepted? Why or why​ not?

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Part 1

AIf the discount rate is 8 ​percent, then the​ project's NPV is ​$



enter your response here. ​(Round to the nearest​ dollar.)