cash flows:
Year Cash Flow
0 -$ 28,700
1 12,700
2 15,700
3 11,700
What is the NPV for the project if the required return is 12 percent?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
NPV
At a required return of 12 percent, should the firm accept this project?
No
Yes
What is the NPV for the project if the required return is 24 percent?
Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
NPV
At a required return of 24 percent, should the firm accept this project?
Yes
No