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[1] A project has the following cash flows: Year : Cash Flow Year 0: $64,000 Year 1: -30,000 Year 0: -48,000 What is the IRR

[1] A project has the following cash flows:

Year : Cash Flow

Year 0: $64,000

Year 1: -30,000

Year 0: -48,000

What is the IRR of this project?

What is the NPV of this project if the required return is 12 percent?

Should this project be accepted if the required return is 12 percent? Why?

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