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A firm evaluates all of its projects by applying the NPV decision rule. A project under consideration has the following cash flows: Year WN -

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A firm evaluates all of its projects by applying the NPV decision rule. A project under consideration has the following cash flows: Year WN - Cash Flow -$34,000 15,000 17,000 13,000 What is the NPV of 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 NPV At a required return of 11 percent, should the firm accept this project? Yes No What is the NPV of 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 Yes ONo What is the NPV of 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? Yes No

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