A project has the following cash flows: 

What is the IRR for this project? If the required return is 12%, should the firm accept the project? What is the NPV of this project? What is the NPV of the project if the required return is 0%? If it is 24%? What is going on here? Sketch the NPV profile to help you with your answer.

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Year 0 1 2 Cash Flow $58,000 -34,000 -45,000