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 $12$ percent? $($Do not round

intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

NPV

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

Yes

No