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$$ $27,700$

$111,700$

$214,700$

$310,700$

What is the NPV for the project if the required return is $12$ percent? $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

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

multiple choice $1$

Yes

No

What is the NPV for 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$.,32\mathrm{.}16.)$

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

multiple choice $2$

Yes

No