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A firm evaluates all of its projects by using the NPV decision rule. Year Cash Flow 0 $27,000 1 18,000 2 16,000 3 10,000 a.

A firm evaluates all of its projects by using the NPV decision rule.

Year Cash Flow
0 $27,000
1 18,000
2 16,000
3 10,000

a. At a required return of 17 percent, what is the NPV for this project?

b. At a required return of 33 percent, what is the NPV for this project?

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