7. Calculating IRR [LO5] A firm evaluates all of its projects by applying the IRR rule. If the required return is 14 percent, should the firm accept the following project?

Year Cash Flow

0 -26,000

1 11,000

2 14,000

3 10,000

I know the answer to this problem. I need the answer to this one

8. Calculating NPV [LO1] For the cash flows in the previous problem, suppose the firm uses the NPV decision rule. At a required return of 11 percent, should the firm accept this project? What if the required return is 24 percent?

8. Calculating NPV [LO1] For the cash flows in the previous problem, suppose the firm uses theNPV decision rule. At a required return of 11 percent, should the firm accept this project? Whatif the required return is 24 percent?