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

A) What is the NPV for the project if the required return is 12 percent?

B) At a required return of 12 percent, should the firm accept this project?

C) What is the NPV for the project if the required return is 24 percent?

D) At a required return of 24 percent, should the firm accept this project?

Year	Cash Flow
0	$	28,700
1		12,700
2		15,700
3		11,700