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A firm evaluates all of its projects by using the NPV decision rule. Year Cash Flow 0 $26,000 1- 23,000 2 -17,000 3 - 7,000

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

Year Cash Flow

0 $26,000

1- 23,000

2 -17,000

3 - 7,000

Required:

(a) At a required return of 26 percent, what is the NPV for this project?

(b) At a required return of 32 percent, what is the NPV for this project?

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