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

Year	Cash Flow
0	$27,000
1	20,000
2	17,000
3	7,000

Required:
(a)	At a required return of 17 percent, what is the NPV for this project?
	(Click to select) 7,227.51 6,745.67 7,021.01 6,883.34 6,608.01

(b)	At a required return of 41 percent, what is the NPV for this project?
	(Click to select) -1,802.95 -1,855.98 -1,732.25 -1,767.6 -1,696.89