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5. Award: 10.00 points A firm evaluates all of its projects by applying the NPV decision rule. A project under consideration has the following cash

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5. Award: 10.00 points A firm evaluates all of its projects by applying the NPV decision rule. A project under consideration has the following cash flows: Year 0 1 2 3 Cash Flow -$28,400 12,400 15,400 11,400 What is the NPV for the project if the required return is 12 percent? (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? O No Yes What is the NPV for the project if the required return is 24 percent? (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? G AP

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