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55 A firm evaluates all of its projects by applying the NPV decision rule. A project under consideration has the following cash flows: Year Cash
55 A firm evaluates all of its projects by applying the NPV decision rule. A project under consideration has the following cash flows: Year Cash Flow 0 -$28,600 1 2 3 What is the NPV for the project if the required return is 11 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) NPV 12,600 15,600 11,600 At a required return of 11 percent, should the firm accept this project? O Yes O No NPV What is the NPV for the project if the required return is 25 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.) Proy www
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