A firm evaluates all of its projects by applying the NPV decision rule. A project under

consideration has the following cash flows:

What is the NPV for the project if the required return is $11$ percent? $($Do not round

Intermedlate colculatlons and round your answer to $2$ declmal pleces, e$.$g$.,32\mathrm{.}16.)$

NPV

At a required return of $11$ percent, should the firm accept this project?

Yes

No

What is the NPV for the project if the required return is $25$ percent? $($A negotlve

answer should be Indleeted by a minus sign. Do not round Intermedlete colculetions

and round your answer to $2$ declmal pleces, e$.$g$.,32\mathrm{.}16.)$

NPV

At a required return of $25$ percent, should the firm accept this project?

Yes

No